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Are You Better Off Than Four Years Ago?

Massachusetts home sales are up and unemployment below national average.

Exactly four years ago this month, the bottom dropped out of the U.S. economy

Lehman Brothers declared bankruptcy on Sept. 15, 2008. The next day, the Federal Reserve announced a bailout of AIG. Bad news continued to pile up almost daily, with the stock market collapsing and millions of jobs vanishing.

No single factor will define such a complex process as selection of a president, but none might be greater than the simple question: Are you better off than four years ago?

In Massachusetts, the state unemployment rate in August was 6.3 percent, up from 6.2 percent in July. Unemployment in the Commonwealth peaked at 8.7 percent in August of 2009. Nationwide, unemployment was at 8.1 percent in August 2012.

Sales of single family homes in Massachusetts in August 2012 saw a 20 percent increase from August 2011, according to the Warren Group.

“One more month of strong home sales confirm speculation that the housing market recovery is underway,” Warren Group chief executive Timothy M. Warren Jr. said in a statement.

Are you better off than you were four years ago? Or is your financial life the same or worse? Can you credit a presidential administration with business' success or failure or is the state of business left to business leaders? Let us know in the comments section.

sickofthespin October 07, 2012 at 09:19 PM
Jean York please pull your lip over your head and swallow!!!
sickofthespin October 07, 2012 at 09:25 PM
No I am worse off. I had never experienced a layoff in my life until 2009!! Now I have 3 layoffs in 3 years!! Romney/Ryan 2012
Toni Gisone October 31, 2012 at 02:52 PM
I will stop blaming Bush for this, the worst recession since the great depression, when his TWO WARS, one of which was Iraq - remember the weapons of mass destruction? ARE PAID FOR! Also, Obama has NOTHING TO DO WITH GAS PRICES get some information! The Republican party has been bought and paid for by the 1% and they have successfully USED the RACIST, GREEDY and IGNORANT to work FOR THEM. Wake up and do some READING of FACTS! OBAMA 2012 or this country is in DEEP TROUBLE.
Toni Gisone October 31, 2012 at 02:56 PM
Romney left Massachusetts with a huge deficit. He charged FEES - HUNDREDS of them, instead of raising taxes. When he was Governor, Massachusetts was #47 in the COUNTRY FOR JOBS! Dont spout about your JOB, or lack of them, and then STILL VOTE for ROMNEY! Rebuild the economy FROM THE MIDDLE OUT - Trickle down does NOT work! How many times do you want to try it???
Deanie November 01, 2012 at 04:12 AM
Sooo..lets see, capitolism made this country great! Bo has buried us with MORE debt than any other President with several belly up bankrupt GREEN companies with NO accountability as to WHERE the money went! But the biggest diagrace is that we had 4 men in Libya that died & Obama continues to LIE! THAT alone is NOT protecting our own especially when the White House told our men going to help to STAND DOWN! I don't know ONE soldier that ever joined the service to protect SOCIALISM!! Romney did a good job as far as I'm concerned & will be a GOOD PRESIDENT and will leave NO MAN BEHIND!!

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