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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (52993)10/14/2004 8:46:01 PM
From: CalculatedRiskRespond to of 81568
 
I've been forecasting (since early this year on Mish's thread) a slowdown starting after the election or in the first half of 2005.

We have some serious economic issues in America. I was disappointed in the debate questions: nothing on energy or the environment and the budget deficit was also given short shrift. There were no questions about the burgeoning trade deficit, the weakening dollar or imbalances being created by the FED's monetary policy of holding rates at emergency levels for an extended period.

I think it is a difficult task to explain to economic laymen why Bush’s misdirected tax cuts and deficit spending has caused the FED to keep rates at emergency levels. In turn, the FED's actions have created significant imbalances, especially in the housing market that will slow any economic recovery.

If the slowdown becomes a recession, watch out! Right now we are out of tools to fight a recession; we have no fiscal flexibility due to the Bush deficits, and we have very little monetary flexibility with rates already at emergency levels.

Thanks goodness we have excellent international relationships in case of a worldwide recession. Sometimes sarcasm doesn’t come across in writing, but I think Kerry will help in this last area by reassuring the World community.



To: Kenneth E. Phillipps who wrote (52993)10/14/2004 9:28:25 PM
From: bentwayRead Replies (1) | Respond to of 81568
 
I think we won't know just how badly Bush has damaged us economically until Kerry's first term. I predict that Bush will be as reviled as Hoover was by our parents in a few years.



To: Kenneth E. Phillipps who wrote (52993)10/15/2004 7:36:29 AM
From: Glenn PetersenRead Replies (1) | Respond to of 81568
 
Zogby has Bush up by 4%:

story.news.yahoo.com

Politics - Reuters

Reuters Poll: Bush Opens Four-Point Lead on Kerry

By John Whitesides, Political Correspondent

WASHINGTON (Reuters) - President Bush (news - web sites) opened a four-point lead on Democratic Sen. John Kerry (news - web sites) the day after the final debate between the White House rivals, according to a Reuters/Zogby poll released on Friday.

Bush led Kerry 48-44 percent in the latest three-day tracking poll, which included one night of polling done after Wednesday's debate in Tempe, Arizona. Bush led Kerry, a senator from Massachusetts, by only one point, 46-45 percent, the previous day.

An improvement in Bush's showing among undecideds and a strong response from his base Republican supporters helped fuel the president's rise.

"The good news for the president is that he has improved his performance among the small group of undecideds," said pollster John Zogby, who found 6 percent of likely voters are undecided. "Nearly a quarter now say that he deserves to be re-elected, up from 18 percent in our last poll."

Zogby said the difference between Kerry's 79 percent support among Democrats and Bush's 89 percent support from Republicans also should be "worrisome" for Kerry in such a tight race.

"Kerry needs to close the deal with his fellow Democrats," Zogby said.

Both candidates headed to the swing state of Nevada in upbeat mood on Thursday after their final debate and renewed their battle during separate appearances in Las Vegas over who was best suited to lead the middle class to prosperity.

The focus of the race now turns to less than a dozen crucial battleground states, with Ohio, Florida, Wisconsin and Iowa -- where Bush and Kerry are running neck and neck -- all certain to see plenty of the candidates down the stretch.

The new tracking poll found Bush pulling into a tie with Kerry among Catholics and women voters, and moving slightly ahead with young voters. Kerry still holds a solid lead among seniors.

The poll of 1,220 likely voters was taken Tuesday through Thursday and has a margin of error of plus or minus 2.9 percentage points. The rolling poll will continue through Nov. 1 -- the day before the election.

A tracking poll combines the results of three consecutive nights of polling, then drops the first night's results each time a new night is added. It allows pollsters to record shifts in voter sentiment as they happen.

The poll showed independent candidate Ralph Nader (news - web sites), blamed by some Democrats for drawing enough votes from Al Gore (news - web sites) to cost him the election in 2000, with the support of 1.1 percent of likely voters.