Mr. Sensitive

September 5, 2012

Are You Better Off Than You Were Four Years Ago?

Filed under: Uncategorized — lbej @ 13:18

So that’s the question Matt and Paul want us to answer?  Let’s see.  Four years ago–September 2008–the housing market was collapsing; the credit markets were convulsing; and the vultures were circling Washington Mutual, Wachovia, Lehman Brothers and AIG.  The bank bailout was still ahead of us.  The Dow was still 5000 points above where it would be when Bush finally left office.  We were sliding into the worst financial panic since 1932.

Maybe I’m going out on a limb here, but I’m going to say yes.  Yes, we’re better off than we were four years ago–but thanks for asking, Matt.


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