The good news continues for the country and its people as the President's term in office comes to an end in the next several months. The opposite took place on President Bush's watch as he was leaving office. The U.S. Labor Department announced that median family income increased 5.2% in 2015, the largest increase since 2007. The U.S. Census announced that the poverty rate at the end of 2015 was 13.5%, down 1.3% from 2014 which was 14.8%.
At the same time during President George W. Bush's administration, the poverty rate was up and median family income was down. The federal deficit was still soaring and record job losses continued to take place. And to think President Bush inherited a cadillac economy while President Obama inherited a jalopy economy. The next President will inherit a much better economy than President Obama did which is the way it should be with the right policies.
Understanding the past is still the key to a better future and democratic administrations have a better grasp of the past and that is why the country and its people do better under democratic administrations. The country can not afford to experiment with a republican candidate who lacks political understanding, arithmetic and common decency. Hillary Clinton is the most experienced candidate that has plans and the policy to improve and expand on the progress made during the present administration.
This commentary written by Joe Lorio
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