Letter: Past four years
The question keeps being posed by the Republicans: “Are we better off now than we were 4 years ago?” Well, let see, with Bush still in office in October ’08, we began a landslide of 900,000 jobs lost per month, the stock market crashing to less than half its value, millions of people losing 40 percent or more of their life’s savings, major banks going under, factory’s closing (jobs that would never return) and millions of people losing their homes. Now, this inherited avalanche continued for more than a year. Bush inherited a $4 trillion budget surplus from Clinton but, by October 2008, Bush accumulated a $3 trillion debt (that’s a $7 trillion swing). By January, when he left office, he added another $3 trillion to the debt. We all remember Bush and McCain proclaiming in October that “our economy is fundamentally sound.” Sure, it took a couple of years before the out-of-control domino-affected economic landslide could be harnessed. The next phase was to rebuild the economy. Congress and the president had a big job ahead of them ... this would require a team effort. The Republicans collectively pledged their highest priority would be, “to make Obama a one-term president.” “Vote NO against everything” and NO new taxes!” This ought to stop him! I’m not suggesting that Obama was a perfect president, but when you look at the picture I just described … maybe he didn’t do such a bad job after all. There is much to be done, but at the very least, we are on the right track. To answer the question ... YES! I think we are a heck of a lot better now than we were 4 years ago today!