Are You Better Off with Obamas Change?
Posted: April 18th, 2011, 4:16 pm
After two years of Obama...Here's your change!
The catagories are listed in this format.
January 2009
TODAY
% chg
Avg.. Retail price/gallon gas in U.S.
$1.83
$3.66
+100.9%
Crude oil, European Brent (barrel)
$43.48
$99.02
+127.7%
Crude oil, West TX Inter. (barrel)
$38.74
$91.38
+135.9%
Gold: London (per troy oz.)
$853.25
$1,369.50
+60.5%
Corn, No.2 yellow, Central IL
$3.56
$6.33
+78.1%
Soybeans, No. 1 yellow, IL
$9.66
$13.75
+42.3%
Sugar, cane, raw, world, lb. Fob
$13.37
$35.39
+164.7%
Unemployment rate, non-farm, overall
7.6%
9.4% ( More like 15 % in reality)
+23.7%
Unemployment rate, blacks
12.6%
15.8% ( More like 30% in reality)
+25.4%
Number of unemployed
11,616,000
14,485,000
+24.7%
Number of fed. Employees, ex. Military (curr = 12/10 prelim)
2,779,000
2,840,000
+2.2%
Real median household income (2008 v 2009)
$50,112
$49,777
-0.7%
Number of food stamp recipients (curr = 10/10)
31,983,716
43,200,878
+35.1%
Number of unemployment benefit recipients (curr = 12/10)
7,526,598
9,193,838
+22.2%
Number of long-term unemployed
2,600,000
6,400,000
+146.2%
Poverty rate, individuals (2008 v 2009)
13.2%
14.3%
+8.3%
People in poverty in U.S. (2008 v 2009)
39,800,000
43,600,000
+9.5%
U.S.. Rank in Economic Freedom World Rankings
5
9
n/a
Present Situation Index (curr = 12/10)
29.9
23.5
-21.4%
Failed banks (curr = 2010 + 2011 to date)
140
164
+17.1%
U.S.. Dollar versus Japanese yen exchange rate
89.76
82.03
-8.6%
U.S.. Money supply, M1, in billions (curr = 12/10 prelim)
1,575.1
1,865.7
+18.4%
U.S.. Money supply, M2, in billions (curr = 12/10 prelim)
8,310.9
8,852.3
+6.5%
National debt, in trillions
$10..627
$14..052
+32.2%
Just take this last item: In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history.. Over 27 times as fast. Metaphorically speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane. 27 times faster, it would be doing 1,755 MPH!
Sources:
(1) ; (2) Wall Street Journal; (3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA; (6) U.S. Dept. Of Labor; (7) FHFA; (8) Standard & Poor's/Case-Shiller; (9) RealtyTrac; (10) Heritage Foundation and WSJ; (11) The Conference Board; (12) FDIC; (13) Federal Reserve; (14) U.S. Treasury
F.U. Obama!!!!
The catagories are listed in this format.
January 2009
TODAY
% chg
Avg.. Retail price/gallon gas in U.S.
$1.83
$3.66
+100.9%
Crude oil, European Brent (barrel)
$43.48
$99.02
+127.7%
Crude oil, West TX Inter. (barrel)
$38.74
$91.38
+135.9%
Gold: London (per troy oz.)
$853.25
$1,369.50
+60.5%
Corn, No.2 yellow, Central IL
$3.56
$6.33
+78.1%
Soybeans, No. 1 yellow, IL
$9.66
$13.75
+42.3%
Sugar, cane, raw, world, lb. Fob
$13.37
$35.39
+164.7%
Unemployment rate, non-farm, overall
7.6%
9.4% ( More like 15 % in reality)
+23.7%
Unemployment rate, blacks
12.6%
15.8% ( More like 30% in reality)
+25.4%
Number of unemployed
11,616,000
14,485,000
+24.7%
Number of fed. Employees, ex. Military (curr = 12/10 prelim)
2,779,000
2,840,000
+2.2%
Real median household income (2008 v 2009)
$50,112
$49,777
-0.7%
Number of food stamp recipients (curr = 10/10)
31,983,716
43,200,878
+35.1%
Number of unemployment benefit recipients (curr = 12/10)
7,526,598
9,193,838
+22.2%
Number of long-term unemployed
2,600,000
6,400,000
+146.2%
Poverty rate, individuals (2008 v 2009)
13.2%
14.3%
+8.3%
People in poverty in U.S. (2008 v 2009)
39,800,000
43,600,000
+9.5%
U.S.. Rank in Economic Freedom World Rankings
5
9
n/a
Present Situation Index (curr = 12/10)
29.9
23.5
-21.4%
Failed banks (curr = 2010 + 2011 to date)
140
164
+17.1%
U.S.. Dollar versus Japanese yen exchange rate
89.76
82.03
-8.6%
U.S.. Money supply, M1, in billions (curr = 12/10 prelim)
1,575.1
1,865.7
+18.4%
U.S.. Money supply, M2, in billions (curr = 12/10 prelim)
8,310.9
8,852.3
+6.5%
National debt, in trillions
$10..627
$14..052
+32.2%
Just take this last item: In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history.. Over 27 times as fast. Metaphorically speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane. 27 times faster, it would be doing 1,755 MPH!
Sources:
(1) ; (2) Wall Street Journal; (3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA; (6) U.S. Dept. Of Labor; (7) FHFA; (8) Standard & Poor's/Case-Shiller; (9) RealtyTrac; (10) Heritage Foundation and WSJ; (11) The Conference Board; (12) FDIC; (13) Federal Reserve; (14) U.S. Treasury
F.U. Obama!!!!
