Thursday, January 04, 2007

A Tall Order

I hope the new Democratic Congress fares as well as the Republicans did during their time at the helm.

Take a look at the Republican report card from 1994 through 2006:

- The stock market posted incredible gains - the S&P 500 was up 209% during the GOP's tenure, while the Wilshire 5000 advanced 213%;
- Household net worth rocketed up $29 trillion;
- Real GDP averaged growth of 3.2 percent;
- The unemployment rate closed out 1994 at 5.5 percent - today it stands at 4.5 percent - 21 million new jobs were created.

Judging by the numbers it's a rather tall order...