Staggering numbers released today, show that Albuquerque's suburbs are among the poorest in the entire country.
David: Ben wrote about the number of jobs being created versus being lost, the cost of oil and the status of the auto industry, and the value of his home when Obama took office versus today. And he makes a good point using his numbers. Now, consider that interest rates were to start going up when we got to 6.5% unemployment. We are now supposedly below 5% unemployment and have only been able to raise rates once. We were supposed to raise interest rates when inflation got to 2%, yet we are constantly told that inflation is well below 2%. Do you do the shopping? I can assure you groceries have gone up well over 2% per year. And let's not forget that housing costs and utilities are not included in the inflation number. As you point out, your home has increased in value at well over 2% per year. Those low interest rates are hurting the average American. Wages are stagnant with inflation well over 2%. The cost of healthcare has gone up so much with increasing premiums and deductibles that those who used to be able to use their health insurance no longer can. The only people who benefited from ACA are those who get free insurance now. Those who pay for insurance cannot afford to use it. Hardly what I would call for the general welfare. You can make a case for either side depending on the numbers you use. I think the election this year will be show us who wins. Those who work for a living or those who are on the dole. If the latter win, it is the end of this country as more and more jobs will go overseas and more and more will retire leaving too few to pay for all the things those who do not work think they are entitled to.