Just before the election in 2006 that tipped the balance of power towards the Democrats, consumer confidence stood at a 2 ½ year high, gas was $2.19 per gallon, and the unemployment rate was at 4.5% nationally. Since the induction of a Democratic majority into Congress in 2006, consumer confidence has fallen through the floor, the cost of gas is over $4.00 per gallon, unemployment is at 5%, the U.S. market has seen nearly $2.3 trillion in equity evaporate from stock and mutual fund losses, home equity drops have exceeded 1.2 trillion dollars nationally, and 1% of homes in this country are in foreclosure.
In 2006 this country voted for ‘change’ and we got what we asked for. Can any of us afford any more ‘change’ in our lives? I know I can’t!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment