The Bush Record
  • George Bush has been a disaster for jobs -- despite having his entire economic plan passed in the last three years. On Bush's watch America has lost 1.6 million private-sector jobs, making him the president to lose jobs since Herbert Hoover.
  • We are now 7 million jobs short of the prediction made by the Bush administration in February 2002 -- after 9/11, the tech bubble, and the recession.
  • Jobs in industries where there are new jobs pay nearly $9,000 less than jobs in industries that are losing jobs.
  • The typical family has seen its income go down more than $1,500 under President Bush.
  • For George Bush, making businesses more competitive means more outsourcing. Bush's own Council of Economic Advisors said that "when a good or service is produced more cheaply abroad, it makes more sense to import it than make or provide it domestically."
The The Kerry Plan
  • John Kerry and John Edwards have a plan to help create millions of high-paying jobs. America's dynamic entrepreneurs and talented workers are capable of creating millions of jobs each year. We've done it before: in Clinton's first term the economy created more than 11 million new jobs. And with the Kerry-Edwards plan to put the right policies in place we can do it again.
  • For John Kerry and John Edwards, making America more competitive means investing in more jobs at higher wages.
  • John Kerry has a plan to jumpstart job growth right now. This includes a New Jobs Tax Credit which would provide a payroll tax holiday for new hires in manufacturing, other businesses affected by outsourcing, and small businesses.
  • His plan would end tax breaks for companies that move jobs overseas and use the savings to cut the corporate rate by 5 percent, providing a tax cut for 99 percent of taxpaying corporations.
  • John Kerry would make America more competitive by reducing the burden on the middle class. He would cut the deficit in half in the first Kerry term as president, cut health care premiums by up to $1,000 a year, and move America towards energy independence to bring down energy costs.

From the DNC