Saturday, September 20, 2008


We recently suggested that the Obama campaign use as its primary theme an adaptation of the old Reagan line: How are you doing compared to 8 years ago? This would have the effect of concentrating attention on reality rather than on a phony American Idol contest in which McCain & Palin have the clear edge over Obama & Biden. Here from Campaign for America's Future are a few examples of what we're talking about:

Since 2001, the overall costs of living has increased 21.5 percent, driven by big increases in such life essentials as gas, home heating oil and food.

Gasoline and home-heating oil has increased 108 percent and 99 percent, respectively, since 2001.

Shoppers are paying 41 percent more for bread, 37 percent more for ground beef, and almost 100 percent more for eggs since January 2001.

Since 2000, median household income has declined by 1 percent ($324).

The personal savings rate is the lowest it has been since the Great Depression.

In 2007, the total value of all forms of household debt was at its highest on record - nearly 20 percent of all assets.

Since 2000, poverty has increased 18 percent - an increase of almost 5.7 million Americans.

Home prices fell 4.8 percent between the second quarter of 2007 and the second quarter of 2008 - back to 2005 levels.

Since January 2008, the United States has had a net loss of 679,000 jobs.

Employer-provided health insurance for workers has decreased by 8 percent since 2000. That means almost 2 million fewer workers have coverage

The percentage of workers covered by employer-provided pensions declined by 2.8 percentage points from 2000 to 2006 to 8 percentage points below the level in 1979.


At September 21, 2008 11:51 AM, Anonymous wellbasically said...

It won't do anything unless you say how Obama would be better for oil prices than McCain.

At November 6, 2008 12:39 PM, Blogger ray said...

Blaming the President for the economy is fine as long as the correct one gets the credit. Clinton started this by passing the free trade agreement just before he left office.


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