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Reuters: “Kerry Presidency Seen a Boon for US Markets" [View All]

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rodbarnett Donating Member (577 posts) Send PM | Profile | Ignore Tue Feb-10-04 09:42 AM
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Reuters: “Kerry Presidency Seen a Boon for US Markets"
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Edited on Tue Feb-10-04 09:43 AM by rodbarnett
“Kerry Presidency Seen a Boon for U.S. Markets,” declared the headline over a story distributed by Reuters on Friday which contended that “experts say” a Kerry victory “would be good for Wall Street, which likes the way he talks up balancing the budget.” The British news agency was so proud of the story that it featured it on its home page in “The Reuters Edge” slot, plugged as “recommended reading” for the day.

New York City-based Reuters reporter Chris Sanders also cited how investors like gridlock in Washington, which would result from a Democratic presidency and Republican-controlled Congress, but he led with an economist who touted how "Kerry (policy) will probably be similar to a Clinton economic policy, which would be more focused on balancing the budget." No mention of how the Republican Congress elected in 1994 contributed to controlling spending nor of how Kerry as a spending cutter is ludicrous given his consistent “F” grades from the National Taxpayers Union (NTU).

http://www.mediaresearch.org/cyberalerts/2004/cyb20040209.asp#2
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