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.

Advertisements

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Blog at WordPress.com.

%d bloggers like this: