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It's time to take inventory.
Today is the first day of complete Republican control of the House and Senate. Mitch McConnell is reported as saying that the new Republican majority may be the reason our economy is doing so well.
We should note that gasoline prices are under $2.00 per gallon in some place of the country. Unemployment rate has been going down for some time. It now sits at about 5.8%. The deficit, still very large, has been shrinking for some time. As a percent of GDP, it is very low. The Social Security system is stable and consumer confidence is high.
Naturally, if anything goes wrong, it will be blamed on Barack Obama. But it is the GOP that is in control. We should look back to this date on election day, 2016.
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