Here's something to think about....
When W. came in office Jan. 20, 2001, unemployment was 4.2%. When W. left office Jan. 20 2009, it was 7.6%. You may not have focused on that because you were buying the big houses on 5 yr. adjustable rates you could not afford and letting the wifey drive the big Hummer to baby Jessica soccer practice. Unlike the dot com bubble burst which was in the technology sector, the collapse of the financial/housing market has impacted every sector. Heck, I even remember when team Bush wanted to provide you with the opportunity to direct your social security into the markets. Dodged that bullet... If old John, "The fundamentals of our economy is still strong" was swept into office is it possible that we could be worse off ? We will never know...
When we decide to take a look at the products that we purchase and see where it was made, then we may have some hope. When we understand that the hardest sector that is impacted is in construction (no new houses are not being built as fast as it was because there is no longer demand) and manufacturing (Ford, GM, Chrysler vs Nissan, Honda, Lexus, BMW and others), then maybe we will get ourselves out of this situation. Do you use the excuse of "But there better cars"? Then don't bitch,moan and blame it all on the current President.
If you voted for him then stay with him and hope that he will stabilize it. By the way, he actually cannot force a business to hire anyone. We just don't want him and government to stand in the way. If you didn't vote for him then during the next election, vote for who you will think will get us back down to 4%. Otherwise, swallow the medicine...Which car will you be driving today? I drive an old 97 Ford explorer if you cared.
I've also learned to provide supporting evidence so here it is:
http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?series_id=LNS14000000Best wishes and remember...don't pick up the soap!
