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National Economy Comparison 2000 vs. 2008

National Economy Comparison 2000 vs. 2008

I found this Chicago Tribune economy comparison at Pat Kitano’s blog.  Pat has one of the most insightful real estate/economy and social media blogs on the web today.  I read it daily and recommend that you subscribe to his blog in your google reader as well. 

As I review this, the outlook for our country is not very favorable.  Median household income is lower than 8 years ago, defense spending is up 79.3% at 545 billion dollars, we have managed to spend 643 billion dollars over the last 8 years (remember the approved financial bail out package is 700 billion dollars), and gas prices are through the roof.  How about congress considers getting out of a hopeless war and paying more attention to the health and stability of their own country. 

What do you think?

Economy comparison by Chicago Tribune

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Posted on October 7th, 2008
Posted by: Irina Netchaev

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