The battle cry heard round the country that put a Democratic in the oval office last time. The Economy is on a down hill slide and does not look like it will be turning around for the next 30 days. The Federal Reserve President Ben S. Bernanke is clearly someone who understands that to stimulate the economy will take putting money into the hands of low and middle income individuals. I must admit that someone taught him very well how to stimulate an economy. I wonder who that might have been. The stock market took a major dive today losing 306.95. A number of the major economic indicators are not looking good right now and the R word has been coming up in the major news. The leaders in Washington are talking to each other, yes believe it or not that means the Democrats and Republicans, and may be able to get a tax relief bill out within the next 30 days that puts cash into the hands of those that would be most likely to spend it. It will be interesting to see how large those tax rebate checks will turn out to be and what strings will be attached to them.
Someone asked the question: "How bad can it get in four years when the American people elected George W. Bush to the oval office for a second time?" Well let's take a look at the answer to that question.
- One terrorist attack on American soil where the terrorist leader is still at large.
- One major natural disaster that was not taking care of in a timely manner.
- One no end in sight war that has killed over 3,000 Americans.
- One recession with losses of jobs and losses of income to come in the near future.
So America are we better off then we were four year ago? I personally think that it is past time for a Democratic President and a Democratic lead Senate.
