On the recordFebruary 24, 2004
the point is that the Bush administration, the Bush's chief economic adviser, Gregory Mankiw, with the President's signature on this economic policy, does not see anything wrong with the direction they want to take this country's manufacturing: huge numbers of loss of jobs, reclassifying, underpaid service jobs with no benefits as manufacturing for political purposes, making excuses, justifying this all in the name of this global economy that helps wealthy investors, i.e., helps Bush contributors but hurts workers in the U.S., hurts farmers in the U.S., hurts ranchers in the U.S., hurts workers in the developing world but helps the wealthy of both countries. It simply does not make sense.
Source
govinfo.gov




