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Categories: Budget Priorities, Consumer and Worker Protection, Corporate Accountability / Workers' Rights, Economic Fairness and Security, Honest and Ethical Government, Social Justice
McCain yesterday on Bloomberg News: “You could make an argument that there's been great progress economically over that period of time [the last seven years]."
The last seven years, a recap:
Gas prices
2001 $1.37
2008 $3.45
U.S. Trade Deficit
2001 $380 Billion
2008 $759 Billion
Workers Covered By Employer-Based Health Insurance
2001 64.2 %
2008 59.7 %
Strength Of U.S. Dollar
2001 1.07 Euros per dollar
2008 0.68 Euros per dollar
Crude Oil Prices Per Barrel
2001 $29.59
2008 $116
Median Household Income
2001 $49,163
2008 $48,201
Budget: Deficit/Surplus
2001 $431 Billion Surplus Over The Previous 3 Budget Years
2008 $734 Billion Deficit Over The Previous 3 Budget Years
National Debt
2001 $5.7 Trillion
2008 $9.2 Trillion
Consumer Credit Debt
2001 $7.65 Trillion
2008 $12.8 Trillion
Real GDP Growth
2001 4.09% Over Prior 8 Years
2008 2.65% Over Prior 7 Years
Americans in Poverty
2001 31.6 Million
2008 36.5 Million
Annual Total Health Insurance Premium Cost
2001 $6,230 Per Family
2008 $12,106 Per Family
Unemployment Rates
2001 4.2 %
2008 4.8 %
Uninsured Under 65
2001 39 Million
2008 47 Million
Average Cost Of A Prescription Drug
$47.54
$68.26
Electricity
2001 $914 Per Year
2008 $1,108 Per Year
Home Heating Oil Prices
2001 $1.40
2008 $3.69
Groceries
2001 $3,021 Per Year
2008 $3,417 Per Year
Average Tuition At Private College
2001 $16,211
2008 $23,712
Personal Savings Rate
2001 +2.3%
2008 -0.5%
