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

To: Richard S who wrote (497379)	11/23/2003 3:30:25 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 769670

Bob Brinker made an interesting comment on his program last week. If Bush decides to lift the tariff on steel then he probably feels that the job market will improve sufficiently to replace the lost jobs, if Bush continues to hold the tariff in place (which I believe he has until November 30 to decide) then most likely Bush is concerned that there will not be enough jobs created next year to replace the manufacturing jobs lost. Hmmm. Well, my guess is that he lifts the tariff after the brouhaha with China last week over textiles. These tariffs are just too much hot potatoes in a wobbly jobs recovery. I suspect Bush THINKS jobs are coming on strong now. This is because he isn't in tune with reality, and his economic team is waak imho. Government knows trickle down stimulus doesn't create jobs and Bush knew it when he gave out those tax cuts starting in 01. But he thought it didn't matter- every other recession has ended and created jobs so why not use this as yet another opportunity to reward his supporters with pork. Problem was, the Bush sorry economic team didn't factor in China and India and by the time they figured out what was going on, the money was spent. Job growth has picked up but many jobs are not the quality we had in the 90s, people have taken large steps down, benefits are being cut etc. Way too many engineers working at Starbucks around here. So I'm not sure a jobs recovery will save Bush. If they have figures on wage growth at the BLS, I'd love to see them. It seems like people are working for peanuts.