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Bush Acknowledges Problem of Jobs Going Overseas
President Responds to Critics After White House Aide Equated Job Outsourcing with Trade
By Jennifer Loven
The Associated Press
Thursday, February 12, 2004; 2:53 PM
HARRISBURG, Pa. -- President Bush claimed achievements on education and the economy Thursday ... to try to tamp down criticism from both Democrats and Republicans over an aide's remark that some interpreted as downplaying the loss of American jobs to overseas markets.
On Monday, Gregory Mankiw, chairman of the President's Council of Economic Advisers, said such "outsourcing" by U.S. companies is "just a new way of doing international trade."
A Republican normally loyal to the White House, House Speaker Dennis Hastert, said he disagreed that shipping American jobs abroad was good for the U.S. economy.

[Later,] "They'll be raising your taxes," Bush said of unnamed lawmakers or Democratic presidential opponents who disagree with making the cuts permanent. "People need to be able to plan. ... We do not need a tax increase right now in our country."

Even as Bush spoke, Federal Reserve Chairman Alan Greenspan testified on Capitol Hill in favor of budget rules that would force lawmakers to cover the cost of extending the cuts.


Asked if this meant he was calling the President a liar, Greenspan said "No, not a liar, just someone who doesn't understand economics and is too lazy and complacent to learn."  He then paused and added  "Off the record."  Told that he had to say "off the record" BEFORE the statement in question, Greenspan called this reporter a "fink" and asserted that he "had his fingers crossed" while making the statement.

Ironically, disgraced official Mankiw himself had used that excuse shortly after praising the export of American jobs.   He also explained that his statement should not be reported as it was "Bizarro Day," during which all statements signified the opposite of their plain meaning. 

When reporters suggested that if it really were Bizarro Day, then his statement that it was would be reversed, meaning it wasn't Bizarro Day, Mankiw grew angry.  "It's Bizarro Day for everything except the statement that it's Bizarro Day, dammit! … and  this sentence!  So there!"

Asked for comment, Democratic hair apparent John Kerry asked rhetorically "If Bush doesn't want jobs exported, why did he export 250,000 of them to Iraq?"

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