John Kerry: Economy Faltering Under Bush
February 14th, 2006 @ 9:22 am
Speaking at a breakfast meeting of the South Shore Chamber of Commerce in Quincy, MA on Monday, John Kerry told the group that “the Bush administration is as slow to respond to a host of pressing demands on the nation’s economy as it was in responding to Hurricane Katrina last year.”
“Katrina underscores lack of preparation, unpreparedness, despite all the warnings,’’ Kerry told a group gathered at the Quincy Marriott Hotel. ‘‘Katrina stripped away the confidence, the veneer that had cloaked this administration for a period of time, and people began to see a whole series of choices that have been wrong.’’
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But Kerry said the federal government must do its part to help businesses overcome obstacles to competing in the global economy - such as rising healthcare and energy costs, and lagging investments in education and research and development.
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Kerry called for focusing on new technologies and alternative fuels to reduce the nation’s oil dependence and create new jobs. His proposal includes tax incentives for automakers to produce more fuel-efficient cars and for consumers to buy them, and developing energy alternatives such as bio-fuels and wind energy.
MORE & LINKS -
http://blog.thedemocraticdaily.com/?p=1937