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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (3630)	4/5/2004 7:47:47 PM
From: Roads End	Respond to of 116555

I like that one too. Too bad McCain didn't beat out Shrub in 2000.

To: patron_anejo_por_favor who wrote (3630)	4/5/2004 9:14:09 PM
From: mishedlo	Respond to of 116555

That cant happen. You have to settle for Kerry/? vs Bush/probably Cheney Since this is a no brainer, the best you can do is hope for a good "?" but even a bad "?" is no choice IMO. ABB M

To: patron_anejo_por_favor who wrote (3630)	4/5/2004 9:48:30 PM
From: mishedlo	Respond to of 116555

Bush says economy is 'fantastic' Monday, April 5, 2004 9:43:04 PM WASHINGTON (AFX) -- President Bush said the U.S. economy is "fantastic" as he traveled Monday to a community college in North Carolina to promote the latest piece of his election-year plan to help workers upgrade their skills in an ever-changing economy "A vibrant society is one that makes the community college system accessible to those who have made the determination to improve their lot and improve their lives," Bush said in remarks at Central Piedmont Community College in Charlotte, N.C The president said he is "optimistic about our future" and told the students they are "entering into an economy that is just so fantastic and exciting." "When people decide to become a better worker, they're helping our economy," Bush said In the speech, Bush proposed doubling the number of workers who participate in federally-funded training programs to 400,000 annually from 200,000 Bush hopes to pay for the higher participation rate by reducing $300 million in bureaucratic waste and offered no new money for the program Bush also hopes to consolidate four training programs into a single grant for the nation's governors "We don't want to federalize the program, quite the opposite. We want ... (to) let the governors distribute the money to programs which actually are training people for jobs which exist," Bush said of the $4 billion program The plan is part of a broader "Jobs for the 21st Century Initiative" that Bush announced in his State of the Union address earlier this year and comes as Democratic challenger John Kerry campaigns aggressively on the weak job market in the U.S. economy Last week, the Labor Department reported the economy created 308,000 jobs in March, the largest gain of the Bush presidency and the most since April, 2000 Over the past eight months, payrolls have grown by 759,000, about 95,000 a month. The economy needs to create about 125,000 to 150,000 jobs a month to keep the unemployment rate steady as population growth increases the size of the workforce Kerry's former rival turned potential running mate for the Massachusetts senator, Sen. John Edwards, D-N.C., said Bush's initiative "fits a pattern for a president who says one thing and does another." Edwards said that Bush has cut support for job retraining by an inflation-adjusted $972 million in the three years since Bush took office While acknowledging North Carolina had been hit hard by job losses in the dwindling textile sector, Bush emphasized the growing tech sector of the southern state and said "it must be exciting to live in a state that is the center of innovation." "For an economy that was based upon tobacco and, to a certain extent, textiles, you're now on the leading edge of technological change," Bush said North Carolina has lost 160,000 jobs in the last four years. "I fully understand that there are people who hurt here. Industries like the textiles and the furniture manufacturers are struggling, and that is an issue that we've got to deal with. But there are incredibly positive signs, as well," Bush said, noting a strong housing market and growing health care industry "You've got to be optimistic about your future here because North Carolina is a great place to do business, and you need to keep it that way," he said Kerry, for his part, is scheduled to travel Tuesday to another key electoral state battered by job losses, Ohio, to promote his plan that he says would create 10 million jobs in four years fxstreet.com