Ravenwood - 09/30/04 06:45 AM
The economy grew at an annual rate of 3.3% during the Spring, but as USA Today points out, it could be better... under Kerry.
The U.S. economy grew at an annual rate of 3.3% in the spring, the government reported Wednesday in the final revision to second-quarter gross domestic product.Since George Bush is a Republican, 3.3% is not nearly good enough. Contrast this to 1998, when the Clinton Administration was bragging about 3.3%.That was better than a previous estimate but still the weakest showing in more than a year. [...]
Democratic presidential challenger John Kerry, arguing that he can do a better job managing the economy than President Bush, contends that the current recovery, especially in the area of jobs production, has been lackluster.
A Solid Record of AchievementRemember, 3.3 percent under Clinton is fantastic, while 3.3 percent under Bush is not good enough.
3.3 Percent Growth Under President Clinton. Today, the Commerce Department revised up their GDP estimates for 1995 through 1997. This means that since President Clinton took office, growth has averaged 3.3 percent per year, stronger than the Reagan Administration (3 percent) or the Bush Administration (1.3 percent)...
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