Kerry Turns to the Economy

John Kerry has heeded advice of Clinton and has turned to the economy. I think it’ll be an uphill battle as the economy is in fair shape. Kerry, who by the way did NOT mention that he served in Vietnam, headlines a middle class tax cut, but later explains that all he will do is make the middle class tax cuts “permanent” while raising the taxes on those over 200,000. This is a cute political way of saying only that “he will not raise middle class taxes.” However, Clinton repeatedly promised a middle class tax CUT in his 1992 campaign, but then raised taxes for the middle class after being elected. I don’t think any sane candidate would promise a middle class tax increase. For the past two years, with several stances on the same issue, Kerry has a credibility problem. His rotating opinions have shattered any trust that he will do what he says.
As for the economy, the Dow stood at 10,578 the day GW Bush was sworn in, but dropped to under 7,181 in the months following 9/11. Today it stands tall again at 10,318. Unemployment has dropped to 5.4%. I don’t think the economy is as gloomy as described in the article and, I think Bush has done a rather good job in rebounding the economy.

With a decent economy, John, the main crisis facing America is still the war on terror. Remember, the President takes an oath to “preserve, protect, and defend” not “tax and spend.”

"My economic plan will do the following: (1) Create good jobs, (2) cut middle-class taxes and health-care costs, (3) restore America's competitive edge, and (4) cut the deficit and restore economic confidence." -John Kerry Wall St. Journal