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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (334869)	12/30/2002 1:14:08 AM
From: KLP	Read Replies (1) \| Respond to of 769670

Better be careful AS...Hillary will get you for trying to get Kerry's mug out there so much...

To: American Spirit who wrote (334869)	12/30/2002 9:23:46 AM
From: Baldur Fjvlnisson	Read Replies (2) \| Respond to of 769670

American Spirit, Kerry certainly seems to be able to identify the extremely serious issues weighing on the economy and markets. I think this address is in stark contrast to the cuckooland dreams of the nutcases of the dead beat Bush administration. But of course in America enough money and bribes can sell manure as gold so even if there are some members of congress with half a brain it doesn't matter in the least. Bon voyage to hell with the Bush gang at the helm. Have a nice day. ------------------------ Remarks of Senator John Kerry December 3, 2002 At The City Club of Cleveland We come here at an important time. Every American understands the challenge of our economy in very personal ways. Lifetime savings have been wiped out by greed, bad judgment, criminal activity and the natural course of economic cycles. Jobs have been lost - retirements postponed - personal debt has increased and more and more of our fellow Americans are squeezed out of health care. Long term unemployment has doubled. The stock market has plunged more than 30 percent. We have seen the weakest level of economic growth and business investment in 50 years. These aren’t just statistics: this is what America’s families are dealing with every day. Too many working families feel like they are on a treadmill - working harder and harder just to make ends meet. They worry about how they’ll be able to pay the taxes, pay the bills and how they’ll ever pay for retirement. I think we need to do more than just call for economic recovery. We have to demand real economic reform and renewal and revitalization. We have to show the courage of our convictions. Instead of just quoting the words of Franklin Roosevelt and John Kennedy and Robert Kennedy, we need to match their leadership with our own, with thinking equal to a new and different time. All of us recognize that government is not by itself the solution to our economic problems. The economy of the 1990s was driven primarily by monetary policy that encouraged growth... and by businesses retooling and investing in new technologies. And it was helped by sound fiscal policy - investing in the right things but getting the budget back into balance. Now we find that monetary policy is nearly exhausted. Businesses are reluctant to spend. And this administration has taken the government out of the equation by single-mindedly pushing irresponsible new tax cuts. The Bush administration has made their choice very clear - from the snows of New Hampshire in early 2000 to this moment, they have chosen tax giveaways that reward the wealthiest Americans over tax cuts for everyday working Americans. >From the moment they were inaugurated, they have chosen to throw tax giveaways to the largest companies, instead of helping to grow our small businesses. Let me be clear - our country is not well served by class warfare and I won’t engage in it. But I do believe in fairness. It is wrong to give tax cuts to those who have been the most rewarded over the last 10 years at the expense of working families and the middle class - especially with no certainty the money will be invested where it makes a difference now. We need to stand up and make clear that it matters. It matters in terms of fundamental fairness. It matters in holding together the social fabric of our nation. And it matters in terms of putting money into the economy where it has the most effect. Not only do the new Bush tax cuts make no economic sense, but this administration has chosen to turn fiscal responsibility on its ear - turning a budget in surplus to a budget with endless deficits - and making it difficult for us to invest in our future. As all of you know, even challenged, America has the best economy and the best workforce in the world. But we can do better. And I believe a different, smarter set of choices can help unleash our potential. We can kick our economy into gear while reforming economic policy so that it focuses on actually helping people - creating jobs, raising incomes and promoting growth. The choices we make should be guided by three basic principles: Does it make life better for people who get up and work hard everyday? Is it fair - helping most Americans not just a fortunate few? And does it work? Does it actually create jobs and expand economic opportunity? ECONOMIC GROWTH IN THE 1990s VERSUS TODAY It’s important to remember we don’t come to this moment in a vacuum. We have a recent history that tells us a lot. Under the leadership of a Democratic president, we had the courage to tackle the budget deficit and get the nation’s fiscal house in order. We knew it was the best way to bring down interest rates - creating a pool of affordable and available capital for critical investments in new plants, equipment and technology¼ a boom in housing construction and home ownership¼ creating jobs and building wealth across the country. We helped create an economic climate that brought our country the greatest growth ever -- the lowest unemployment, the lowest inflation, the most jobs created. We balanced the budget, created a surplus and started paying down the debt. We had what some called a “virtuous cycle.” But this administration has replaced that virtuous cycle with a tax cut we told them we could not afford. They insisted on it anyway. And now we have deficits as far as the eye can see.