Bad Economic News Tests Bush
WASHINGTON - Soaring fuel prices and slowing job growth are presenting President Bush with a difficult choice: He can concede there are problems with his economic policies or insist the recovery is progressing — and risk looking out of touch.
The first President Bush lost re-election in 1992 in part because of a perception by voters that he was isolated from the concerns of average workers. The younger Bush has worked hard to show his engagement, traveling extensively to promote his tax cuts and other economic incentives.
But the recent spate of bad economic news threatens to undermine his message that the economy has "turned the corner" on jobs. Instead of turning a corner "our economy may be taking a U-turn instead," asserts rival John Kerry