Quote:
Originally Posted by Chan
Unemployment is no lower than it has been in the 1990s. Inflation is higher. He took the government from a near budget surplus (if, indeed, it is ever possible for the government to have a surplus) to a multi-trillion dollar deficit. Government spending is higher than it was under Clinton. American liberties are being eroded in the name of "security" as the Bush administration turns an unconstitutional war that should have been limited to going after Osama Bin Laden and the Taliban government in Afghanistan that supported him to a quagmire in both Afghanistan and Iraq that we can't get out of any time soon in a way that saves face for the United States.
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wrong. unemployment is nearly a point below the average of the 1990s.
currently unemployment is around 4.3% the 1990s ranged around 5.5 %
while on the surface that might now seem like a lot but it is a statistaclly large number. indicating millions of jobs.
Home ownership (even with recient issues with high risk loans) is at an all time high. Home ownership in minority areas is at an even greater all time high.
inflation is higher in a post ressession period than it was in an unusually low period of the 1990's. the 1990's was very much an anomoly. this was during a period when we were in the beginnings of a major shift in business modeling and an entirely new employment paradym was in the beginnings states.
that bubble busted if you remember. dont blame GWB for what happend before he took the oath of office.
as for American Liberties.... well, name one American liberty that has eroded?