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Are we better off than we were 4 years ago? Objectively speaking - yes

It's truly cracking me up (not literally) how Mitt Romney and Republicans all over this country are asking voters, "Are we better off than we were 4 years ago?" Why? Because the answer is yes.

While it's true that not everyone is doing better than they were at this time four years ago, generally speaking - we as a country are much better off now than at this point in 2008.

Let's look at the numbers. Since the most recent jobs report was from the month of August, I'll compare that to the month of August in 2008 (I know - crazy, right?).

In February of 2008 is when we started to notice a downward trend in the monthly jobs report. In August of 2008, we lost approximately 250,000 jobs. The August report for this year? We gained close to 100,000 jobs - a difference of 350,000. The differences will likely be even more pronounced in the months ahead. In September, October and November of 2008, we lost approximately 400,000; 500,000 and 800,000 jobs in those three months. Considering we've seen job-growth in each of the past 23 months, chances are that will extend to 26 months by the time the November jobs report comes through and at that point, we will be able to say with even more confidence - yes, we are definitely better off than we were four years ago.

http://www.cbpp.org/cms/index.cfm?fa=view&id=3252
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