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July 5, 2004
WSJKD?
What should John Kerry do? I wrote recently on the recent jobs report and how that and other factors suggest that voters' views of the economy are unlikely to brighten fast enough to be a net plus for Bush's re-election efforts.
That said, the level of economic pessimism as we approach the election is highly unlikely to be as low as that Bush's father had to struggle with. Kerry, as Louis Uchitelle pointed out in an excellent article in the Sunday New York Times, is therefore likely to have to emphasize domestic proposals like his health care plan rather than simply dwell on how bad the economy is. Uchitelle goes on to give perhaps the best and most complete summary of Kerry's domestic program and its relation to Kerry's macroeconomic strategy, including deficit reduction, that I have seen. Highly recommended.
Posted by Ruy Teixeira at 09:07 PM | link
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