President Bush and the Economy
Despite the current criticism of President Bush for the present state of our economy, three articles in The Times (Oct. 14) should give us reason to compare our economy with other nations. 1) Productivity of American workers is the highest in the world: 23% higher than much-touted Japan, and 11% higher than West Germany. 2) Britain’s coal industry plans to eliminate 30,000 workers, 75% of the total. 3) Ten million workers stage a general strike in Italy because of the greatest economic and political crisis since World War II.
Perhaps we should be thankful that our economy is in better shape than most of our trading partners, our inflation rate is the lowest in many years, our international trade is on the threshold of unprecedented growth, and the deadly threat of world communism has disappeared.
Has Congress provided the leadership and impetus for these advantages? Or who should we blame?
STUART H. JONES
Claremont
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