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Are You Better Off than You Were Eight Years Ago?
September 30, 2008 |
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Marcy Wheeler breaks down the numbers:
January 19, 2001: 10,587.59September 29, 2008: 10,365.45
NASDAQ Jan 19, 2001 = 2770.38NASDAQ September 29, 2008 = 1983.73
CPI, January 19, 2001: 175CPI, September 29, 2008: 219
Dollar exchange with Euro, January 19, 2001: 1.068CBS News's Mark Knoller notes that the national debt has grown 71.9 percent since Bush took office, "more than under any previous president."Dollar exchange with Euro, September 29, 2008: .695
Faiz Shakir is the Research Director at the Center for American Progress and serves as Editor of ThinkProgress.org and The Progress Report.
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