1st April 04:42
Bush's policies send state finances into the toilet
From Reuters, 8/2/03:
WASHINGTON (Reuters) -
Democrats on Saturday said President Bush's economic policies have
done little to create jobs and have forced many state and local
governments to raise taxes and cut spending for education, public
safety and health care.
Virginia Gov. Mark Warner said in the weekly Democratic radio address
that while Bush and his Republican allies in Congress voice support
for popular education and health care programs, they have not backed
it up with federal financing.
``So while the president pats himself on the back for cutting taxes,
the hard reality is that his political victory ends up simply passing
the burden down to your state and local governments,'' Warner said.
Warner criticized Bush's economic policies saying the president is now
on track for the worst job creation record since Herbert Hoover was
president during the Great Depression.
Bush has been touting his policies; and members of his economic team,
including Treasury Secretary John Snow, have been traveling around the
country talking up the benefits of his tax cuts.
Warner said the economy has lost some 3.1 million jobs and that a $236
billion surplus inherited by Bush has been turning into a record $455
He noted that leading sheet and towel maker Pillowtex Corp. shut all
of its 16 plants just this week and terminated thousands of jobs, many
``The administration's tax cut policies offer little for these workers
and millions of other men and women like them,'' Warner said.
The Bushies are taking us over the proverbial cliff, folks.