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Friday, November 03, 2006
Good economic news fails to boost GOP
CINCINNATI, Ohio (Reuters) -- Nearly 4 million jobs have been created in the past two years, the unemployment rate is at a 5-year-low, the Dow Jones industrial average is near a record high and wages are finally growing faster than inflation.
But constant bad news from Iraq, where the U.S. death toll reached 104 last month -- the highest in nearly two years -- and persistent voter concerns about pocketbook issues like the high cost of health care and college tuition have neutralized whatever traction President George W. Bush's Republican Party had hoped for in Tuesday's congressional election. |
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