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George Bush has been in office for 7½ years. The first six the economy was fine.
A little over one year ago:
1) Consumer confidence stood at a 2½ year high;
2) Regular gasoline sold for $2.19 a gallon;
3) the unemployment rate was 4.5%.
4) the Dow Jones Stock Market hit a record high, 14,000
5) American's were buying new cars, taking cruises, vacations overseas, living large...
But, the American's wanted 'CHANGE.' So, in 2006 they voted in a Democratic Congress, and yes, we got 'CHANGE' all right.
In the past year:
1) Consumer confidence has plummeted;
2) Gasoline is now over $4 a gallon & climbing;
3) Unemployment is up to 5..5% (a 10% increase);
4) Americans have seen their home equity drop by $12 trillion dollars and prices still dropping;
5) 1% of American homes are in foreclosure;
6) The Dow is probing another low .. $2.5 trillion dollars has evaporated their stocks, bonds and mutual funds investment portfolios.
Yes, in 2006 America voted for 'CHANGE'....
Remember, the President has no control over any of these issues..Only Congress!! And what has Congress done in the last two years?? Absolutely nothing!!
Now, the Democratic Candidate for President claims he is going to really give us a 'CHANGE,' along with a Democratic Congress!
[Mod's Edit - Unnecessary Comment thus provoking] democrat in congress are very tiny of majority, they are better job than republican does in last 3 years ago.
Oil price has went skyrocket due demand and supply issue, China and India are using more oil now, when demand goes increase as supply went down then oil price will skyrocket, also wartime is only part to be blamed for increase of oil price, in 2002, most republican voted yes on invasion of Iraq then still war for 5 years now, it was republican that started cause wartime.
Credit/mortgage crisis has been occurred since late 2005 when congress was majority republican at this time due republican has loosen the financial institution regulation in late 90's or early 2000's, that cause bank, credit and mortgage went boom so rapidly then burst in late 2005 as crisis started, we used had strict financial institution regulation until late 90's or early 2000's, that where bank, credit and mortgage are well maintained in entire of 90's, real estate price has went shot so badly after Bush got in office and majority of republican in congress. It has nothing with democrat, many of democrat has attempt to fix it but republican barring it, very difficult to get deal with that. Wall street issues are mostly blamed on republican than democrat does because republican lets bank, credit or mortgage to bubble so rapidly with loosen of regulation, that's very bad move.
You have no idea about what are you talking about blame on democrat, republican make much more worse for life than democrat does, most republicans are favor into free market, free market isn't always work. Drilling in offshore or AK to increase of domestic oil wouldn't help to lower the gas price so far since oil is sold to market, also more expensive to do that and republican has been fucked up with their job for almost 8 years, again, not all of republican are like that, especially on moderate republican who have moderate on issue.
There's good thing about democrat has introduced bill to increase on federal minimum wage, funds on Iraq and Afghan war, Katrina recovery, environment regulation and few other more, also most democrat has voted yes on bailout plan to recover the bank, credit and mortgage crisis but probably not fully, democrat has made bill to withdraw troopers from Iraq but Bush vetoed it, Iraq war is all nothing than just good reason to start war, it's all make Bush's father so happy and really nothing for sure since terrorists have been in anywhere, USA is responsible to tighten the anti-terrorist law then other 9/11 wouldn't be happen, even Al Qaeda has alot of reaction on Bush's families.
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