Are You Better Off Than Four Years Ago?

Home sales are up and unemployment below national average.

Exactly four years ago this month, the bottom dropped out of the U.S. economy

Lehman Brothers declared bankruptcy on Sept. 15, 2008. The next day, the Federal Reserve announced a bailout of AIG. Bad news continued to pile up almost daily, with the stock market collapsing and millions of jobs vanishing.

No single factor will define such a complex process as selection of a president, but none might be greater than the simple question: Are you better off than four years ago?

“One more month of strong home sales confirm speculation that the housing market recovery is underway,” Warren Group chief executive Timothy M. Warren Jr. said in a statement.

Are you better off than you were four years ago? Or is your financial life the same or worse? Can you credit a presidential administration with business' success or failure or is the state of business left to business leaders? Let us know in the comments section.

Portent September 30, 2012 at 03:55 AM
This is really wry -- and dead-on -- Robert. Kudos!
Portent September 30, 2012 at 04:15 AM
How about some personal responsibility for your thought process -- as well as your spelling -- Dexter? What is the moral philosophy on which you base your canard regarding people saddled with debt? Consequentialist/utilitarian, deontological/absolutist, pragmatic or some other ethical variant? If you can't answer this, you have zero credibility, or at least no more than anyone who espouses opinions absent rational justification. BTW, if you consider government to be the universal culprit in our economic plight, are you an anarchist, because that seems to be the value your comments would endorse?
Robert E September 30, 2012 at 04:31 AM
The first thing we need to do is end the bush tax cuts it makes no sense to cut revenue when you are trying to cut debt.
Paul Silver September 30, 2012 at 02:05 PM
Sage: Where was that debt money spent, and where do you think it is currently going?
Chris St Peter October 02, 2012 at 11:43 PM
The End Is NEE!


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