We are in for the worst economy since . . . the last time Democrats controlled Congress.
I compared three economic numbers from the January 1994, when Democrats lost control of Congress and January 2007, when they took Congress back. Then looked at what’s happened since. It isn’t pretty
January 1995 | January 2007 | January 2008 | |
Unemployment | 5.6 | 4.9 | 4.9 |
Prime | 8.5 | 6.98 | 7.5 |
Inflation | 2.8 | 2.85 | 6.8 |
Gore and Clinton were wrong, of course, because the American people did something about it: the elected Republicans.