Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tom Clarke who wrote (437823)	8/3/2003 10:48:18 PM
From: laura_bush	Read Replies (1) \| Respond to of 769670

Bush Policies Worsen State Finances - Democrats By Reuters Saturday 02 August 2003 WASHINGTON (Reuters) - Democrats on Saturday said President Bush's economic policies have done little to create jobs and have forced many state and local governments to raise taxes and cut spending for education, public safety and health care. Virginia Gov. Mark Warner said in the weekly Democratic radio address that while Bush and his Republican allies in Congress voice support for popular education and health care programs, they have not backed it up with federal financing. "So while the president pats himself on the back for cutting taxes, the hard reality is that his political victory ends up simply passing the burden down to your state and local governments," Warner said. Warner criticized Bush's economic policies saying the president is now on track for the worst job creation record since Herbert Hoover was president during the Great Depression. Bush has been touting his policies; and members of his economic team, including Treasury Secretary John Snow, have been traveling around the country talking up the benefits of his tax cuts. Warner said the economy has lost some 3.1 million jobs and that a $236 billion surplus inherited by Bush has been turning into a record $455 billion deficit. He noted that leading sheet and towel maker Pillowtex Corp. shut all of its 16 plants just this week and terminated thousands of jobs, many in Virginia. "The administration's tax cut policies offer little for these workers and millions of other men and women like them," Warner said. truthout.org