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This economist couches the "better off" debate in terms of housing and loan modifications, but his point is pretty clear: we are WORSE OFF over the past 4 years.
1 posted on 09/03/2012 11:22:52 AM PDT by whitedog57
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To: whitedog57
Go back six years, when the GOP controlled the White House and Congress. Unemployment was 4.5% and dropping. The DOW was 12,000 and rising (up to 14,000). And the deficit was 165 billion (OK, still too much) and shrinking.

What did Americans do? Allowed the MSM to convince them how lousy every thing was, and replaced the GOP Congress with a Democrat Congress.

Two years later, with unemployment rising, the DOW falling, and the US auto industry heading into bankruptcy, the people allowed the MSM to blame Bush. Yeah, right, like it was Bush's fault people were buying Toyotas and Hondas instead of Fords and Chevys. People could look in their own driveways and see what the problem was, but they allowed the MSM to convince them to blame Bush and hire an inexperienced Senaror to fix things instead. How has that worked out?

3 posted on 09/03/2012 11:39:40 AM PDT by TwelveOfTwenty (Ho, ho, hey, hey, I'm BUYcotting Chick-Fil-A)
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To: whitedog57

Click on the article link and go look at the graphs. Depressing to say the least.


7 posted on 09/03/2012 12:08:19 PM PDT by upchuck ("Definition of 'racist:' someone that is winning an argument with a liberal." ~ Peter Brimelow)
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