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Friday, August 20, 2004

News from Reuters

Kerry Vows to Reverse Job Losses to Overseas
Fri Aug 20, 2004 12:02 PM ET
By Carol Giacomo
CHARLOTTE, N.C. (Reuters) - Democratic presidential candidate John Kerry promised laid-off workers on Friday that the United States under his leadership would stop helping companies that send jobs overseas and instead give breaks to those that keep them in America.
"Does any taxpayer in North Carolina truly believe it makes sense for you to be actually paying for, rewarding and subsidizing a company that decides to take a job to Mexico or overseas?" he asked a campaign rally in a state that has lost nearly 110,000 jobs under the Bush administration, many of them abroad.
"Of course not. One of the first things we are going to do is stop having any American subsidize the loss of their own jobs. We are going to reward companies that stay here and create jobs in the United States," he said.
Kerry, making a southern campaign swing to try to break the Republican stranglehold on the region, met laid-off workers at a community college retraining center and held a campaign rally as he focused on economic issues he hopes will help him defeat President Bush in the Nov. 2 election.
Later, Kerry planned to fly to Florida -- another pivotal electoral state -- to survey damage from Hurricane Charley, as Bush did on Sunday.
The Massachusetts senator is not expected to run well in the South, which Bush carried solidly in 2000.
But North Carolina, with home-state Sen. John Edwards on the ticket as Kerry's vice presidential running mate, is one which he is given a chance to win. Most polls show a competitive race with Bush generally slightly ahead. Florida, which gave Bush the White House in 2000, is considered a dead heat.
North Carolina, with a strong tradition of apparel, furniture and textile manufacturing, like many other parts of the country has lost thousands of jobs to "global outsourcing" overseas.
Unemployment rate in North Carolina has risen to 5 percent from 4.4 percent since Bush took office. Manufacturing has been particularly hard hit, losing 158,800 jobs, according to the Bureau of Labor Statistics.

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