Tuesday, June 15, 2004

Solace and rising tide?

For those of you worrying about Pres. Bush's reelection (i.e., that it will NOT happen), take some solace from this past week. Here is economist and editorialist Irwin Stelzer on the G8 Summit in Georgia and the UN:

All of [the recent events are] a misfortune for John Kerry. His campaign rests on a three-legged stool. The first leg is that Bush is a job-destroyer; but the economy has created almost one million jobs in the past three months, and is probably adding better than 10,000 every day. The second leg is that Bush has antagonized America's allies and is isolated; the 15-0 Security Council vote to recognize the Bush-backed Iraqi government saws that leg off. The final leg is that the Bush tax cuts have been a disaster. Ronald Reagan's death has brought renewed attention to the fact that the late president's tax cuts helped to end the recession he inherited from Jimmy Carter, just as Bush's cuts kept the Clinton recession short and mild.

Feel any better yet, wongdoer?

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