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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Techplayer who wrote (5551)10/8/2002 1:25:51 PM
From: SmoothSail  Read Replies (2) | Respond to of 57110
 
>>could energize organized labor - traditionally a Democratic ally - just four weeks before midterm elections. Democratic candidates rely on heavy turnout from union workers, and some presidential advisers fear Bush's intervention will drive angry labor voters to the polls.

On balance, however, White House advisers welcomed the chance to head off a burgeoning crisis and perhaps ease concerns about his handling of the economy. Polls show a growing number of voters want Bush to spend more time talking about the economy than Iraq. His economic policies have either stalled in the Senate or have failed to jump start the economy. Now he has an economic cause to promote. <<

Very dicey. A no-win situation for Bush. Doesn't matter which way it goes, if he interfers, he will alienate one side or the other.

It's a labor/management issue and while it's having an impact on the economy, it's not an economy issue with respect to his economic policies.