In 2006 America voted for change. George Bush has been in office for 7 1/2 years. The first six the economy was fine. A little over one year ago
- Consumer confidence stood at a 2 1/2 year high.
- Regular gasoline sold for $2.19 a gallon.
- The unemployment rate was 4.5%
- The DOW JONES hit a record high -- 14,000+
- American's were buying new cars, taking cruises and vacations overseas. Living LARGE!
- Consumer confidence has plummeted.
- Gasoline is now over $4 a gallon & climbing.
- Unemployment is up to 5% (a 10% increase).
- Americans have seen their home equity drop by $12 trillion dollars & prices are still dropping.
- 1% of American homes are in foreclosure.
- The Dow is probing another low ~11,300 (Today, Oct 9, 2008 it dropped below 9,000 points.)
- $2.5 trillion dollars has evaporated from stocks, bonds and mutual fund investment portfolios.
1 comment:
With more blue led change we will have nothing but a socialist country turned over to terrorists, taxes higher than any other land, a weak defense, low military morale, lagging productivity, no reinvestment BUT WE'LL HAVE FREE HEALTHCARE, YIPPEE. Btw, didn't Hillary run on that platform in 1992 or was that her husband, I get them confused.
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