At the end of the Clinton Administration, Real Gross Domestic product was about 2%
It is now about 2.5%

At the end of the Clinton Administration, inflation was at about 3.5%
It is currently about 4%

At the end of the Clinton Administration, unemployment was at about 4.5%
It is now about 5%

At the end of the Clinton Administration, 30 year mortgages were at about 7%
They are not at about 6%

How is it that the end of the Clinton’s 2 terms we were told that he reigned over prosperity,
Yet now we here how awful it is now?

Yes, gas prices are high and that is worrisome…but we have weathered far worse in the last 8 years.

(UPDATE 10/11/2010…in retrospect…Yes, it was bad. I wonder if high gas prices led the bubble bursting in the housing market)

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