NEW YORK, Sept 15 (Reuters) - Sen. John Kerry said on Wednesday the United States needs to make the "right choices" on the economy, and faulted U.S. President George W. Bush for blaming others and offering excuses for the White House's own failed economic policies.
In an opinion published in the Wall Street Journal, titled "My Economic Policy," the Democratic presidential candidate said his economic plan would create good jobs, cut middle-class taxes and health-care costs, halve the U.S. budget deficit, and restore the U.S. competitive edge and economic confidence.
Kerry said Bush, a Republican seeking re-election on Nov. 2, has since taking office in 2001 presided over a loss of 1.6 million private-sector jobs, a $1,500 drop in the typical family's income and $3,500 increase in its health care costs, falling U.S. corporate investment and exports, a soaring trade deficit, and tax cuts that failed to stimulate growth and caused the budget deficit to balloon.
Even in the last year, Kerry said, real wages have fallen, and job growth lagged the worst year under Bush's Democratic predecessor, Bill Clinton, who served for eight years.
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http://www.reuters.com/financeNewsArticle.jhtml?type=economicNews&storyID=6238799§ion=investing
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