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According to the latest data from the Internal Revenue Service, average adjusted gross income in 2006 hit $58,029 in 2006 dollars. It was the first time that average income had exceeded the peak year of 2000, the year before incomes began to decline.

We've heard a lot about how Bush has mismanaged the economy, but there's no evidence of this. In fact, incomes began growing in 2003 after falling in 2001 and 2002 and have trended upward every year since.

Meanwhile, there's been only one quarter of negative GDP growth, the fourth quarter of last year, which was preceded by two quarters of 4.8% gains.

It can hardly be argued that Bush is responsible for falling incomes in 2001 and 2002, or that he's been a poor steward of the economy.
He inherited a decline that began on Clinton's watch with negative growth in the third quarter of 2000 and again in the first quarter of 2001.

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BARACK Obama says the government should intervene on gas prices to "give families some relief," and he called last week for releasing 70 million barrels of crude from the Strategic Petroleum Reserve.

John McCain proposes an end to the ban on offshore drilling and has pushed for a gas-tax holiday because "we need it, we need it very badly."

But both candidates and the public evidently are unaware of a basic fact: Gasoline is more affordable for American families now than it was in the days of the gas-guzzling muscle cars of the early 1960s. Prices are beginning to come down somewhat, but this was true even when the national average was at its summer peak.
http://www.northjersey.com/news/nationalpolitics/27007199.html

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ORIGINAL: celticlord2112

No no no.....you have the wrong script.

Everyone is broke.  Everyone is unemployed.  Barbarians are at the gates.   New Kids on the Block are reuniting.

Good news isn't scheduled until after the beatification of The One.

(you must not have gotten the memo).

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ORIGINAL: Thadius

That has alot to due with our beloved governor, she is a lovely woman...  The big 3 here haven't done much to help either.

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ORIGINAL: celticlord2112

Say, isn't Michigan the state that Obama  hopes to use as a model for some of his programs?

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Invest in the Manufacturing Sector and Create 5 Million New Green Jobs

• Invest in our Next Generation Innovators and Job Creators: Obama will create an Advanced Manufacturing Fund to identify and invest in the most compelling advanced manufacturing strategies. The Fund will have a peer-review selection and award process based on the Michigan 21st Century Jobs Fund, a state-level initiative that has awarded over $125 million to Michigan businesses with the most innovative proposals to create new products and new jobs in the state.
  

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ORIGINAL: servantforuse

To thishereboi..The residents of Detroit are getting what they wanted. Just look at their mayor. They voted for him...

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ORIGINAL: celticlord2112

Say, isn't Michigan the state that Obama  hopes to use as a model for some of his programs?

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Right now Detroit is using Brightmore as a model for their programs. I wonder if this will be as effective.