Saturday, May 24, 2008

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

Remember the election in 2006?
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 have seen:
1) Consumer confidence plummet
2) The cost of regular gasoline soar to over $3.90 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!

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