LEE IACOCCA SUPPORTS KERRY OVER JOBS
In Y2K, Lee Iacocca endorsed Bush. Now, he's switching to Kerry.
The issue? High-tech jobs.
Kerry said the US has lost 800,000 high-tech jobs and has fallen from 4th to 10th in the use of broadband. South Korea and Japan are deploying networks that are 20-50 times faster than what is available in the US.
He vowed to create jobs in the high-tech industry through an investment of $30 billion raised by auctioning off broadcast airwaves.
Iacocca has a reputation as a champion of innovation. He oversaw the development of the Mustang at Ford and the minivan at Chrysler.