John Aravosis at America Blog (http://www.americablog.com/2007/11/bush-and-gop-on-economics.html) has a nice, concise summary of what has happened to the US economy under the reigns of the Chimperator and the previously GOP controled Congress. It is not pretty:1. Largest decline in housing prices since 1991.
2. Crumbling US dollar, weakest showing against leading five currencies since early 1970s. This includes
3. 37 year low against Canadian dollar. Against the UK pound, it's over $2 to buy only one.
4. Skyrocketing and "out of control" oil prices, record highs at the pump(war with Iran would make things much worse).
5. Billions of US taxpayer dollars lost, missing, and who knows what from Iraq. Costs for war to drag out for decades. 6. Record high budget deficit, compounded by GOP spending boondoggles.
In my days in the GOP, the Party supposedly stood for fiscal responsibility, limited government, and personal freedom. What we have today is the exact opposite. Moreover, government has crept into many more aspects of the lives of citizens, domestic spying on citizens is rampant, and if the Christianists had their way, our bedrooms would be under policing too. And yet the GOP has the nerve to say things would be worse under the Democrats. I think not.
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