A question from Texas Rainmaker:
A little over a year ago:
1. Consumer confidence stood at a 5-year high;
2. Regular gasoline averaged under $2.30 a gallon;
3. The unemployment rate was down to 4.4%.
4. Americans were enjoying historically-high home equity.
Since voting in a Democrat Congress in 2006 we have seen:
1. Consumer confidence plummet;
2. The cost of regular gasoline soar to over $3.25 a gallon;
3. Unemployment rise to 4.8% (a 9% increase);
4. American home equity hit the lowest point in six decades;