[lbo-talk] GS: Bush to win

Doug Henwood dhenwood at panix.com
Fri Apr 2 12:24:56 PST 2004


Goldman Sachs writes:


>President Bush is likely to be reelected. Recently, he has
>recovered in the polls. Moreover, he has other advantages,
>including record campaign funding and incumbency.
>
>The election will hinge mainly on the economy. Even after a sharp
>payroll increase in March, Bush is vulnerable because payroll
>employment growth under his administration has been the weakest
>since Herbert Hoover.
>
>Kerry's burden is his long career in the Senate. The Bush campaign
>has closely scrutinized his voting record and will characterize
>Kerry as indecisive and left-wing. The last sitting senator to
>become President was John F. Kennedy in 1960.



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