Would the high holy NY Times EVER endorse GWB? Stay tuned.

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Mr. Gore "a serial exaggerator."

With the NY TIMES, you have to read between the lines, connect the dots while using a mirror because in their very subtle way, they "sort of" tell people what to think. Periodically, they break the mold and try something new.....like maybe a Republican once every 25 years. Seldom does the GOP get a break but for some reason there are THREE....yes THREE stories that have very grey overtones suggesting that alBore might not be "too pleasing to the High Holy...."Paper of Record"".

NATIONAL HEADLINES

The New York Times on the Web Monday, October 9, 2000


xxxxxxxxxxxxxxxxx Locked in a Dead Heat, Both Sides Drop Civility http://www.nytimes.com/2000/10/09/politics/09LIEB.html Two top Bush advisers  Karl Rove, chief strategist, on NBC's "Meet the Press," and Karen P. Hughes, communications director, on "Fox News Sunday"  called Mr. Gore "a serial exaggerator."

"This is a man who has difficulty telling the truth," Mr. Rove said. "He constantly exaggerates and embellishes." In the debate, he said, Mr. Gore had exaggerated "about being at the Parker County fires."

In fact, Mr. Gore had said in the debate, "I accompanied James Lee Witt down to Texas when those fires broke out." He never said he went to Parker County or to the fires.

xxxxxxxxxxxxxxxxxxxxxxxx Republicans countered that the Democrats were trying to distract voters' attention from Mr. Gore's own shortcomings.

NY

Times: The Democratic strategy calls for Mr. Gore to delegate the attacks to his aides so he can maintain his pledge to remain above the fray.

Gore Camp, but Not Gore, Plans to Assail Bush's Record http://www.nytimes.com/2000/10/09/politics/09GORE.html

Oct. 8  As Vice President Al Gore fends off attacks on his credibility, his campaign and Democratic surrogates are planning a multimedia offensive this week that assails Gov. George W. Bush over his record in Texas and his occasional slips of the tongue, Gore aides said today.

SNIP

In addition, Mr. Lieberman will be dispatched to Texas for a "failed leadership tour" this week, and Mr. Andrew will hold a news conference on the subject here on Monday. Other surrogates, including members of Congress, also will be used, said Douglas Hattaway, a Gore spokesman. SNIP

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Even NY Times doesn't believe alBore

"The Clinton administration merits credit for some early deficit reduction and for letting the Federal Reserve have its independence, and that's it," Mr. Jasinowski said. "The amount of credit the administration gets is a bronze medal behind the Federal Reserve and the private sector's expansion of productivity."

xxxxxxxxxxxxx

Roots of Prosperity Reach Past Clinton Years

Many economists say it is a stretch to suggest that the powerful economic expansion of the 1990's was born with the passage of a 1993 plan in which Vice President Al Gore cast the tie-breaking vote.

SNIP

Indeed, there were already powerful forces reshaping the economy before the deficit reduction plan passed.

SNIP "That's when everything really came together," said Albert Yu, a senior vice president at Intel, describing the atmosphere of rapid-fire progress in the technology business in 1993. SNIP Dana G. Mead, who through most of the decade held the No. 1 or No. 2 jobs at Tenneco, a sprawling conglomerate, said that by 1993 his company and others were seeing the combined effects of more aggressive management efforts to cut costs and years of investment in automation and information technology.

"In the early 1990's, after a decade of this investment, we were finally beginning to see real improvement," Mr. Mead said.

So convinced was Mr. Mead that businesses were operating in a fundamentally more efficient way that he took his message directly to Mr. Greenspan at the Fed in 1995. If the Fed could be convinced that corporate America was better at absorbing costs and producing more for less, Mr. Mead said, then perhaps the Fed would not be so quick to raise interest rates when economic growth picked up.

http://www.nytimes.com/2000/10/09/politics/09ECON.html

But many economists say it is a considerable stretch to suggest, as Mr. Gore often does, that the powerful expansion of the 1990's was born with the passage of that plan.

For one thing, they say, other policy decisions played a role in straightening out the government's finances. Among them were a deficit-reduction bill signed by President George Bush in 1990 and a deal between Mr. Clinton and the Republican Congress in 1997 that cut capital gains taxes while further restricting spending.

Moreover, economists and business executives say, much of what happened to the economy in the 1990's had little to do with Washington and was part of a process that began before Mr. Clinton and Mr. Gore took office.

At the same time that the administration was setting out to address the fiscal mess, the Federal Reserve Board's decision to hold interest rates at rock-bottom levels throughout 1992 and 1993 was giving the economy a kick as it emerged haltingly from the recession that ended in March 1991.

In the private sector, companies were starting to see the benefits of painful steps to make themselves more competitive at home and abroad, including plant closings and layoffs of previously secure middle managers.

And perhaps most important, years of technological progress were beginning to click into place in a way that promised tremendous benefits, most notably through a pickup in productivity, the basic measure of efficiency and the best predictor of long-term economic potential.

By acting as a brake on inflation, the surge in productivity allowed the Fed more flexibility in holding down interest rates in the mid- and late- 1990's, and helped generate profits and wealth that in turn created huge new tax revenues for the government and turned budget deficits into surpluses.



-- cpr (buytexas@swbell.net), October 09, 2000

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