Sat Sep 15, 2012, 06:06 PM

louis c (4,595 posts)

Are We Better Off Now Than We Were 4 Years Ago?

Last edited Sat Sep 15, 2012, 06:08 PM USA/ET - Edit history (1)

Four years ago today, September 15 2008, shock waves reverberated through the American Banking, Financial, Investment and Economic Communities. The Dow Jones Industrial Average dropped over 500 points that single day, and it all was just the beginning.

Lehman Brothers had declared bankruptcy.

George Bush was President and Hank Paulson was Treasury Secretary. The bottom had just fallen out of the Bush economic policies and the crisis, which was simmering, was now beginning a free fall of epic proportions.

Are we better off now than 4 years ago. Only an idiot would say no, and today's fourth anniversary date proves it.

Today's the day to ask your friends that question who are still undecided in this election.

Here's a news story on that day:
http://www.npr.org/templates/story/story.php?storyId=94640691

7 replies, 591 views

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7 replies	Author	Time	Post
Are We Better Off Now Than We Were 4 Years Ago? (Original post)	louis c	Sep 2012	OP
Yes, Shrub is as visible as Dick Cheney	orpupilofnature57	Sep 2012	#1
kick	louis c	Sep 2012	#2
Isn't the national deficit $5 trillion greater today than it was in 2008?	Bluefin Tuna	Sep 2012	#3
That's what happens when Republicans cause a depression and give tax breaks to the rich	louis c	Sep 2012	#6
If Democrats invoked the NUCLEAR OPTION	EdwardKingSolomon	Sep 2012	#4
Yes, as a country. Individuals may be worse off or better off financially.	Honeycombe8	Sep 2012	#5
Yes we are better off now the economy is more stable, bin laden is dead, and the economy keeps	craigmatic	Sep 2012	#7

Response to louis c (Original post)

Sat Sep 15, 2012, 06:09 PM

orpupilofnature57 (10,553 posts)

1. Yes, Shrub is as visible as Dick Cheney

was during the 2000 and 2004 campaigns.

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Response to orpupilofnature57 (Reply #1)

Sat Sep 15, 2012, 07:57 PM

louis c (4,595 posts)

2. kick

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Response to louis c (Original post)

Sat Sep 15, 2012, 08:16 PM

Bluefin Tuna (54 posts)

3. Isn't the national deficit $5 trillion greater today than it was in 2008?

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Response to Bluefin Tuna (Reply #3)

Sun Sep 16, 2012, 06:44 PM

louis c (4,595 posts)

6. That's what happens when Republicans cause a depression and give tax breaks to the rich

Last edited Sun Sep 16, 2012, 06:45 PM USA/ET - Edit history (1)

Circa 1929 and 2008.

In 2003, they started two wars and put them on a credit card.

Obama ended one of the wars, doubled the value of Wall St., saved the Auto Industry, decimated al Queda and had 40 months of positive job growth in the private sector.

I'll match that up to the knuckle headed liar, Mitt Romney, any day of the week.

The last two Presidents that were successful in the Business Sector before being elected were Herbert Hoover and George W. Bush. How did that work out?

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Response to louis c (Original post)

Sat Sep 15, 2012, 08:21 PM

EdwardKingSolomon (60 posts)

4. If Democrats invoked the NUCLEAR OPTION

If the Democrats invoked the nuclear option ( http://www.democraticunderground.com/10021339822 ), we wouldn't have had a Congress that stonewalled all progress these past four years.

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Response to louis c (Original post)

Sat Sep 15, 2012, 08:23 PM

Honeycombe8 (18,006 posts)

5. Yes, as a country. Individuals may be worse off or better off financially.

But the country was losing hundreds of thousands of jobs every month, the stock market was down. banks were on the brink of collapse, the country was teetering on the edge of a second Great Depression. So yes, we are MUCH better off as a country.

But we're not out of the woods yet. It's going to take a while longer, but it looks to me like we're on the way up.

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Response to louis c (Original post)

Sun Sep 16, 2012, 06:46 PM

craigmatic (3,200 posts)

7. Yes we are better off now the economy is more stable, bin laden is dead, and the economy keeps

adding jobs every month.

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