April 01, 2008

What a difference a new congress made

When the Republicans were in charge of Congress, it seemed they didn't do
much. Democrats took over in 2006 based on "change," a mantra echoed in
their current Presidential campaign slogans. But, perhaps we underestimated
those Republicans -- see below.

What a difference a new congress made.........

A little over one year ago:

1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon
3) the unemployment rate was 4.5%.

Since voting in a Democratic Congress in 2006 we've seen:

1) Consumer confidence plummet;
2) the cost of regular gasoline soar to over $3 a gallon;
3) Unemployment is up to 5% (a 10% increase);
4) American households have seen $2.3 trillion in equity value evaporate
(stock and mutual fund losses);
5) Americans have seen their home equity drop by $1.2 trillion dollars;
6) 1% of American homes are in foreclosure.

America voted for change in 2006, and we got it!

Want more of their "change"???

H/T to my favorite Texan, Myra

Posted by: Delftsman3 at 03:38 PM | No Comments | Add Comment
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