Kevin Fischer is a veteran broadcaster, the recipient of over 150 major journalism awards from the Milwaukee Press Club, the Wisconsin Associated Press, the Northwest Broadcast News Association, the Wisconsin Bar Association, and others. He has been seen and heard on Milwaukee TV and radio stations for over three decades. A longtime aide to state Senate Republicans in the Wisconsin Legislature, Kevin can be seen offering his views on the news on the public affairs program, "InterCHANGE," on Milwaukee Public Television Channel 10, and heard filling in on Newstalk 1130 WISN. He lives with his wife, Jennifer, and their lovely young daughter, Kyla Audrey, in Franklin.
The year is 1980...
32 years later, Democrats still struggle with the simple yes or no question.
Then (2008) vs. now (2012)
NOTE TO KEEP IN MIND:
This is before the $600 billion in tax hikes and spending cuts scheduled to take effect in January 2013.
$16 trillion deficit - government spending has rocketed to more than 25% of GDP from 21.4%, the largest peacetime expansion of government spending in
Federal Reserve’s balance sheet has more than tripled
Net 316,000 jobs lost – truly a jobless recovery
8.3% jobless rate - 42 months of 8%-plus unemployment versus 6.1% in August 2008, and unemployment below 5% in 2007
Proportion of the labor force employed now at a 30-year low
39% drop in median net worth to $77,300 in 2010 from $126,400 (latest data available from the Federal Reserve)
8% drop in average annual income
Nearly one-third of mortgages are underwater
1.5 million homes in or nearing foreclosure
US multinational companies increased employment overseas by 2.4 million from 2000 to 2009, even as they cut US workforce by 2.9 million.
- Unemployment: 7.8% then, 8.3% now
- Median income: $54,983 then, $50,964 now
- Gas prices: $1.85 per gallon then, $3.78 now
- National debt: $10.6 trillion then, $15.9 trillion now
Are you better off?
The answer is clearly a resounding, NO!