The St. Louis Post-Dispatch: "Based on his record, President George W. Bush has not earned re-election. He has mishandled the war on terrorism, shut his eyes to disagreeable facts, left the next generation in hock and presided over a sharp loss in jobs, health insurance and prosperity for millions of Americans."
The Philadelphia Inquirer: Bush's "was a presidency of high promise that lapsed into multiple disasters. On his watch, useful surpluses have become a sea of red ink... His plan for a second term is not to repair those mistakes, but to expand and entrench them... Most worrisome, his response to the stunning blows of 9/11 has gone fatefully awry. He has left Americans less safe than they could be and America less admired than it should be."
Update: Editor and Publisher has the complete tally of newspaper endorsements for both candidates.