DKSuddeth
Senior Member
reuters article
PHILADELPHIA - John Kerry won the endorsement of 10 Nobel Prize-winning economists Wednesday as he attacked President Bush for policies that he said have led to the creation of only low-paying jobs.
The Democratic presidential nominee released a letter from the economists saying the Bush administration had embarked on a reckless and extreme course that endangers the long-term economic health of our nation.
They cited poorly designed tax cuts that instead of creating jobs have turned budget surpluses into enormous budget deficits, a fiscal irresponsibility threatens the long-term economic security and prosperity of our nation.
The endorsement, in the form of an open letter American voters, was signed by George Akerlof and Daniel McFadden of the University of California at Berkeley, Kenneth Arrow and William Sharpe of Stanford University, Daniel Kahneman of Princeton University, Lawrence Klein of the University of Pennsylvania, Douglass North of Washington University, Paul Samuelson and Robert Solow of MIT and Joseph Stiglitz of Columbia University.
Kerry, in remarks prepared for an appearance in Philadelphia, called for jobs that dont just let you survive but let you get ahead. Jobs that let you pay your bills, send your kids to college, buy a house, save a little for retirement and go out to dinner or a movie every once in a while.
Now, he said, good jobs are being replaced with ones that just dont pay the bills, 1.8 million private sector jobs lost replaced by ones that pay $9,000 less and are more likely to be temporary less likely to offer health insurance.
without hearing all the 'liberal mass media' BS, what the hell is going on here?
PHILADELPHIA - John Kerry won the endorsement of 10 Nobel Prize-winning economists Wednesday as he attacked President Bush for policies that he said have led to the creation of only low-paying jobs.
The Democratic presidential nominee released a letter from the economists saying the Bush administration had embarked on a reckless and extreme course that endangers the long-term economic health of our nation.
They cited poorly designed tax cuts that instead of creating jobs have turned budget surpluses into enormous budget deficits, a fiscal irresponsibility threatens the long-term economic security and prosperity of our nation.
The endorsement, in the form of an open letter American voters, was signed by George Akerlof and Daniel McFadden of the University of California at Berkeley, Kenneth Arrow and William Sharpe of Stanford University, Daniel Kahneman of Princeton University, Lawrence Klein of the University of Pennsylvania, Douglass North of Washington University, Paul Samuelson and Robert Solow of MIT and Joseph Stiglitz of Columbia University.
Kerry, in remarks prepared for an appearance in Philadelphia, called for jobs that dont just let you survive but let you get ahead. Jobs that let you pay your bills, send your kids to college, buy a house, save a little for retirement and go out to dinner or a movie every once in a while.
Now, he said, good jobs are being replaced with ones that just dont pay the bills, 1.8 million private sector jobs lost replaced by ones that pay $9,000 less and are more likely to be temporary less likely to offer health insurance.
without hearing all the 'liberal mass media' BS, what the hell is going on here?
