I hear a lot of talk on right wing talk radio about how great the economy is, and how it’s all thanks to George W. Bush. Well, here’s a little snapshot of the Bush economy:
One euro now buys $1.4065, the first time in the common European currencyâ€™s nine-year history that it has crossed the $1.40 mark. And one dollar now buys $1.0008 Canadian dollars, the first time that the two currencies have traded that closely since late 1976.
Three years ago the US dollar and the Euro were pretty much 1:1, and the Canadian dollar was worth something like seventy US cents. Heckuva job, Bushie.