Chicago AM Friday 3 August 2012
Voice of the people, Chicago Tribune
Gentlepeople:
A letter from Wheaton in the Tribune [Economic blame Friday 3
August] says:
“Let's not forget that it was Republicans and their Wall Street and
big-business allies and their faulty policies that plunged us into this
economic morass in the first place.”
Yes, George W Bush ran an at-the-time unheard of monthly average
deficit of $20 billion for 6 straight years (assisted by a Democrat
Congress, who know a thing or two about running deficits, the last
two years of that administration it rose to $135 billion.) They also
blew up theunemployment rate from 4% to 5.8%.
The same indices managed by Democrats for the last four years
have been: average monthly deficit: $120 billion, unemployment at
least 8%.
Arnold H Nelson ah_nelson@yahoo.com
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