Wednesday, February 18, 2004
Bush Backs Off His Own Administration's Job Prediction
WASHINGTON - President Bush distanced himself Wednesday from White House predictions that the economy will add 2.6 million jobs this year, the second embarrassing economic retreat in a week and new fuel for Democratic criticism.
"Now they're already walking backwards on their own predictions," Democratic presidential front-runner John Kerry said in Ohio, where unemployment has risen from 3.9 percent to 6 percent since Bush took office.
The jobs controversy came on the heels of White House economist N. Gregory Mankiw's assertion that "outsourcing" American jobs overseas was good for the U.S. economy in the long run. Bush, House Speaker Dennis Hastert and other Republicans quickly disavowed Mankiw's remarks, and the economist had to apologize for a "lack of clarity."
Does this guy know his shit or what??? President Hoover sure knows how to surround himself with the best and the brightest too!
Fear not, though, it looks like either Democratic candidate may wipe the floor with the Smirk...
P.S.: I was informed that my previous post on Ann Coulter was offensive and insulting. I apologize for any hurt feelings, and will no longer refer to Ms. Coulter as a "disgusting piece of trash"...From now on, I will simply refer to her as Miss Germany 1939...
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