Thursday, September 18, 2008

Its the ECONOMY, stupid

Remember back when we had a surplus??!! It was only 7 years ago. Yes, 7 years ago. And now we are in more debt than ever, our economy is in ruin, and our financial markets are failing.

And John McCain is ahead in the polls. HOW IS THIS POSSIBLE, PEOPLE??!!!

President Bill Clinton left office in 2001 with a federal budget surplus of $127 billion. Checkout this cool graphic my friend Dave did to show what the deficit looks like now: http://www.crunchland.com/users/dsf/9trillion.gif

Household median income (adjusted for inflation) fell between 2001 and 2006- to $48,200 from $49,158 in 2001. Now that is only a difference of $1000 - but that is alot of money if you are the family making $48,000!!! The number of Americans living in poverty has gone up nearly 5 million between 2001-2006. And these are only numbers from 2006!! Wait until the 2008 numbers come out!!! Nevermind the housing crisis, or the collapse of Wall Street.

How many more corporations will the government (ie taxpayers) have to bail out for people to want this to STOP?

5 comments:

AnastasiaSpeaks said...

I just had a conversation about the polls with a friend and we think that there are several reasons that the polls are not necessarily reflective of the actual numbers. One of those reasons is the number of young people with no land line phones (they only have cell phones), the other is the group of new voters that hopefully are being energized now to register to vote that have not been reached.

3XMom said...

man I hope your right. But I also think the polls exaggerate Obama a bit because, sadly, I think there are a number of people who, when they get in the booth, won't actually elect a black man. I truly hope I am wrong about that.

AnastasiaSpeaks said...

A lot of people doubted that Obama would come this far because of the same reason but here we are.

I have been pleasantly surprised and so proud that we are at this stage in our history.

I can't wait until November 4!

Stephanie said...

I think Obama is actually ahead now! Although not by much...

leigh said...

coming out of lurkdome to just say... I'm so scared! we can't go through another 4 years.