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Old 07-30-2004, 12:23 PM   #23
Cowperson
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Economists rate John Kerry.

John Kerry, the Democratic candidate for president, has promised to create 10 million jobs, cut the federal budget deficit in half and stop U.S. companies from moving jobs overseas.

But many economists think economic and political realities could make Kerry's job extremely tough.


http://money.cnn.com/2004/07/30/news/econo...kerry/index.htm

And this interesting point from the article:

Former Reagan economic adviser Bruce Bartlett, in an opinion piece for the latest issue of Fortune magazine, put it more bluntly, citing profligate spending and the fact that all of the recent tax cuts are due, by law, to expire anyway:

"All you really need to know -- and you tax-abhorring, Bush/Cheney pin-wearing conservatives, pay attention -- is that taxes are going up next year, no matter who's elected in November."


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