Posted by: Anonymous Coward
on March 15, 2004 04:24 AM
1) Tax cuts for the rich - according to the Republican trickle down theory, the rich invest the tax cuts in business which leads to more American jobs. But increasingly, US corporations are outsourcing investing in foreign subsidiaries rather than hiring US workers.
2) Huge budget deficits - balancing the budget is one thing that Bill Clinton did right. Some say this was because of the Internet boom. That helped, but the other part of it was a lot of discipline and hard work, since Congress and the Pentagon always want to spend more than what's available.
3) Expansionist military policy, e.g. Iraq - see #2 for domestic impact.
4) "Outsourcing is a plus for the economy" - G. Mankiw, Bush's top economic advisor, in the 2004 White House economic report
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Re:Difference between Bush and Kerry
Posted by: Anonymous Coward on March 15, 2004 04:24 AM2) Huge budget deficits - balancing the budget is one thing that Bill Clinton did right. Some say this was because of the Internet boom. That helped, but the other part of it was a lot of discipline and hard work, since Congress and the Pentagon always want to spend more than what's available.
3) Expansionist military policy, e.g. Iraq - see #2 for domestic impact.
4) "Outsourcing is a plus for the economy" - G. Mankiw, Bush's top economic advisor, in the 2004 White House economic report
5) Dick Cheney and Halliburton.
And this is just about the economy.
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