Republican economic policy takes its toll, again

Last year the US economy crashed through to numerous record lows. The greenback bounced on lows not seen since the Nixon years (the trend continues in 2008), the price of gas both per barrel and at the pump hit new highs, discrepancy between rich and poor increased, health care costs jumped yet again and housing collapsed to lows last witnessed under Bush I. As we enter 2008, the first day of trading on Wall Street was the worst in 25 years. On the same day, gold hit an all time high and oil crossed the critical $100 per barrel mark.

Whichever that Democrat wins the nomination needs to remind the public over and over and over, just how poorly the GOP managed the economy. A few well placed special interests prospered though the broad majority have been left behind. For decades the GOP told everyone who would listen that they knew how to run the economy. The results across the board have been terrible and not up to the standards that we ought to expect for a great country.