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Location: Nashville, Tennessee, United States

12/30/2003

Strong Economy Seen in 2004
The latest economic forecast is good news for President Bush, bad news for the Democrats who hoped the economy would remain sluggish in order to make it easier oust Bush from the White House.

The US economy is poised for its best performance in five years. Economists describe an economy that will be "solid," "sustainable," and "entering the new year with a wonderful head of steam." If the optimistic forecasts are accurate, it will mean more Americans find jobs in 2004 - something that has been more difficult this year. A stronger economy could also help lower the federal budget deficit, as government coffers grow from stronger tax collections and fewer unemployment payments. Altogether, it could help President Bush in his reelection bid.
I blame the Bush tax cuts.