Economy Provides No Boost for Bush
Thu Jun 10,12:12 PM ET
By Jonathan Weisman, Washington Post Staff Writer
FROM:
http://story.news.yahoo.com/news?tmpl=story&u=/washpost/20040610/pl_washpost/a29652_2004jun9&e=2&ncid=The nation's economy is growing smartly, wages have begun to rise, and employers have added more than 1.4 million jobs to their payrolls in the past nine months. Yet voters continue to give President Bush (news - web sites) poor ratings on his handling of the economy.
It may sound baffling, but interviews with voters, pollsters and economists suggest Bush's stubborn difficulties on domestic policy boil down to an obvious problem abroad.
"It all goes back to Iraq (news - web sites)," said Steven Valerga, 50, a Republican in Martinez, Calif., who voted for Bush in 2000 but plans to vote for Sen. John F. Kerry (D-Mass.) in November. "It's a drain on the economy, when there's so much needed elsewhere. My gosh, we didn't need to be there."
War has usually been good for the economy in the short run, and this one appears no different. In the first three months of this year, defense work accounted for nearly 16 percent of the nation's economic growth, according to the Commerce Department (news - web sites).
But amid the car bombings, assassinations and continuing casualties, voters are generally pessimistic about the direction the nation is taking. Bush's negative ratings are rising not just on the economy but also on energy policy, foreign affairs and his handling of the prescription drug issue. Voters fixated on Iraq so far are not willing to see the improving economy through a positive prism, according to pollsters and Bush campaign aides.
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