By contrast, America is heading into a period of growth and stability. All we need is the courage to stick with it and get the job done. The positive direction of the financial markets underscores this, as does the drop in the interest rates. Rates that were going through the roof before we took office are now down to 12 percent. Their negativism is being drowned out by the ever-building buzz of economic recovery.
Real wages are up.
Lasting economic progress doesn't happen overnight, and in 21 months you can't cure problems that were more than 20 years in the making. The train is pulling out of the station, and they're still complaining that the engine wouldn't start. Those doing all the criticizing had their chance. In the 4 years before we got to Washington, they had it all. They had the whole enchilada.