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Then and Now: 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?


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