Economy

Democrat Congress Bad for Economy

We are in for the worst economy since . . . the last time Democrats controlled Congress.

I compared three economic numbers from the January 1994, when Democrats lost control of Congress and January 2007, when they took Congress back.  Then looked at what’s happened since.  It isn’t pretty

 January 1995January 2007January 2008
Unemployment5.64.94.9
Prime8.56.987.5
Inflation2.82.856.8

You can’t blame anyone for these numbers except the Democrats.  From the time he took office until the time Newt took the gavel, Clinton’s economy was flat.  Al Gore said, in 1993, that 2 percent GDP growth was all that Americans could expect.  In that same year, Clinton said that the federal budget would remain unbalanced for at least 20 years.

Gore and Clinton were wrong, of course, because the American people did something about it: the elected Republicans.

Author: William Hennessy

Co-founder of St. Louis Tea Party Coalition and Nationwide Chicago Tea Party Persuasive design expertLatest book: Turning On Trump: An Evolution (2016)Author of The Conservative Manifest (1993), Zen Conservatism (2009), Weaving the Roots (2011), and Fight to Evolve (2016)I believe every person deserves the dignity of meaningful work as the only path to human flourishing.