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poll: Are You Better Off Than You Were Four Years Ago?

Wednesday, September 05, 2012

 

Are You Better Off Than You Were Four Years Ago?


In 1980, when Ronald Reagan was challenging President Jimmy Carter for the Presidency, he asked the now iconic question, “Are you better off than you were four years ago?”

In January of 2009, Barack Obama took the oath of office as the 44th President of the United States. The country was in the midst of the worst economy since the Great Depression. The financial markets were close to collapse and the economy was shedding hundreds of thousands of jobs. In January of 2009, the economy lost 598,000 jobs.

Obama promised to help restore the economy and rebuild the job market, but nearly four years later the U.S. unemployment remains over 8%. Many of the leading economic indicators are stagnant. The housing market is beginning to show its first sign of life in five years, but many are threatened by the risk of foreclosure.

This year’s election may be decided on how people answer this question. Are you better off?
 

 

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