ZadPolBlog

Friday, July 18, 2008

The success of an economic plan

After over 7 years of implementation of the Republican economic plan, we see the fruits of their labor:
  • US inflation accelerated at its fastest pace in 17 years

  • Unemployment is up

  • The standard of living for non-wealthy Americans has decreased

  • Cost of living has increased and outpaced inflation

  • Healthcare costs have skyrocketed

  • Consumer prices were 5% higher than a year ago

  • Federal Reserve boss Ben Bernanke has warned that the threat of rising inflation has intensified recently

  • the US faces a severe housing slump, a credit crunch and financial market turmoil

  • gas has gone from $1.40 to $4.10 under the Bush energy policy

  • the disparity of wealth between average Americans and the wealthy has skyrocketed
  • Bush inherited a strong, booming economy and has turned it into massive debt and a recession

  • The massive debt increase will be a huge burden on the future of the US, with every man, woman and child in this country owing an average of over $30,000 that must be paid back with interest


It's the economy, stupid

We do not need more of the same.

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