On The Eve Of An Election
It's a simple question, America. Are you better off now than you were eight years ago?
If you are one of those still out there considering pulling the lever for the McCain-Palin ticket, or Republicans running for Congress, take a good hard look at their record. This is what 8 years of a republican presidency and 6 years of a republican controlled Congress have yielded.
On January 1, 2001 - The price of regular unleaded gasoline was $1.22/gallon.
Within the last 6 months we saw gas top $4.00 a gallon. How did that impact your or your family's budget? What about the cost to heat your home?
In 2000, the federal government had a budget surplus of $236,200,000,000.
As of September 9, 2008, the Congressional Budget Office estimated that the United States would run a deficit of $407,000,000,000. How do you think that will impact our ability to create jobs?
On January 1, 2001 - The US unemployment rate was 3.7%
In September 2008 it was 6.1% and is expected to increase to 6.3% when the Labor Department releases it's jobs report in 4 days. Meanwhile, layoffs are up significantly in all sectors of the economy and are expected to continue. Some economists feel that the unemployment rate will reach 8% by the end of the year. How safe is your job or that of someone you care about?
On December 31, 2000, the annual trade deficit was $436,103,000,000
As of December 31, 2007 it stood at $794,484,000,000. What more needs to be said about it?
Still not convinced? Here's some additional data to chew on:
• The U.S. housing foreclosure rate is the highest it's been in 50 years.
• On January 2, 2001 the Dow Jones average stood at 10,646. Today it stands at 9,319. Don't think this is meaningful? Research the last time a President left office with the Dow lower than when he started.
And if this doesn't convince you, ask yourself one final question: When was the last time you saw the United States government fork over $700,000,000,000 to bailout corporate America.
The correct answer is never.
Chew on that tomorrow, when you're waiting in line thinking about casting your vote for the Republican party.
If you are one of those still out there considering pulling the lever for the McCain-Palin ticket, or Republicans running for Congress, take a good hard look at their record. This is what 8 years of a republican presidency and 6 years of a republican controlled Congress have yielded.
On January 1, 2001 - The price of regular unleaded gasoline was $1.22/gallon.
Within the last 6 months we saw gas top $4.00 a gallon. How did that impact your or your family's budget? What about the cost to heat your home?
In 2000, the federal government had a budget surplus of $236,200,000,000.
As of September 9, 2008, the Congressional Budget Office estimated that the United States would run a deficit of $407,000,000,000. How do you think that will impact our ability to create jobs?
On January 1, 2001 - The US unemployment rate was 3.7%
In September 2008 it was 6.1% and is expected to increase to 6.3% when the Labor Department releases it's jobs report in 4 days. Meanwhile, layoffs are up significantly in all sectors of the economy and are expected to continue. Some economists feel that the unemployment rate will reach 8% by the end of the year. How safe is your job or that of someone you care about?
On December 31, 2000, the annual trade deficit was $436,103,000,000
As of December 31, 2007 it stood at $794,484,000,000. What more needs to be said about it?
Still not convinced? Here's some additional data to chew on:
• The U.S. housing foreclosure rate is the highest it's been in 50 years.
• On January 2, 2001 the Dow Jones average stood at 10,646. Today it stands at 9,319. Don't think this is meaningful? Research the last time a President left office with the Dow lower than when he started.
And if this doesn't convince you, ask yourself one final question: When was the last time you saw the United States government fork over $700,000,000,000 to bailout corporate America.
The correct answer is never.
Chew on that tomorrow, when you're waiting in line thinking about casting your vote for the Republican party.
posted by John Fracchia at 8:37 PM
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