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 : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (5529)	3/7/2004 10:16:18 AM
From: Karen Lawrence	Read Replies (1) \| Respond to of 173976

Bush is bent on raiding social security to cover his mounting debt: usatoday.com Bush defends record on economy CRAWFORD, Texas (AP) — President Bush said Saturday the choice for voters this November is clear: lower taxes to stimulate growth or higher taxes that will stunt job creation. President Bush said Saturday that the economy is rebounding and that raising taxes will stunt job growth. AFP Bush defended his record on the economy and implied that Democratic presidential candidate John Kerry would raise taxes and hurt the economy. "Raising taxes will make it harder for people to find work," Bush said during a news conference in Crawford, Texas, with Mexican President Vicente Fox. Bush did not mention Kerry by name. His comments came a day after a Labor Department report showed the economy added only 21,000 jobs in February, far below the 125,000 that economists had forecast. The government also downgraded job gains for January from 112,000 to 97,000. Bush insisted, however, that the economy is rebounding. "The economy is getting stronger. We've overcome a lot. We've been through a recession. We've been through an attack. We've been through corporate scandals. We've been through war. And our economy is getting stronger," he said. Bush said reducing regulation, changing rules on nuisance lawsuits and making his tax cuts permanent will strengthen the economy. "The question is who brings forth the best growth policies," Bush said. Kerry seized on the new labor numbers Friday as additional evidence of disappearing jobs during the Bush administration, saying the losses "rip the heart out of our economy." More than 2.2 million payroll jobs have been lost since Bush took office — a figure Kerry has repeatedly raised on the campaign trial as proof that new leadership is needed in the White House. Addressing economic problems of his own at the news conference, Fox stressed the importance of Mexico as a trading partner. He said Mexico's trade relationship with the United States is a two-way commercial street. "Mexico buys from the United States in volume that equals Germany, Spain, Italy, and France. All this creates employment," said Fox. --------------------------------------------------------------------------------