Posted on 05/06/2011 11:37:39 AM PDT by Armaggedon
After two years of Obama ... Here's your change!
January 2009 TODAY % chg Source
Avg.. Retail price/gallon gas in U.S. $1.83 $3.44 84% 1
Crude oil, European Brent (barrel) $43..48 $99..02 127.7% 2
Crude oil, West TX Inter. (barrel) $38..74 $91..38 135.9% 2
Gold: London (per troy oz.) $853.25 $1,369.50 60.5% 2
Corn, No.2 yellow, Central IL $3.56 $6.33 78.1% 2
Soybeans, No. 1 yellow, IL $9.66 $13..75 42.3% 2
Sugar, cane, raw, world, lb. Fob $13..37 $35..39 164.7% 2
Unemployment rate, non-farm, overall 7.6% 9.4% 23.7% 3
Unemployment rate, blacks 12.6% 15.8% 25.4% 3
Number of unemployed 11,616,000 14,485,000 24.7% 3
Number of fed. Employees 2,779,000 2,840,000 2.2% 3
Real median household income $50,112 $49,777 -0.7% 4
Number of food stamp recipients 31,983,716 43,200,878 35.1% 5
Number of unemployment benefit recipients 7,526,598 9,193,838 22.2% 6
Number of long-term unemployed 2,600,000 6,400,000 146.2% 3
Poverty rate, individuals 13.2% 14.3% 8.3% 4
People in poverty in U.S. 39,800,000 43,600,000 9.5% 4
U.S.. Rank in Economic Freedom World Rankings 5 9 n/a 10
Present Situation Index 29.9 23.5 -21.4% 11
Failed banks 140 164 17.1% 12
U.S.. Dollar versus Japanese yen exchange rate 89.76 82.03 -8.6% 2
U.S.. Money supply, M1, in billions 1,575.1 1,865.7 18.4% 13
U.S.. Money supply, M2, in billions 8,310.9 8,852.3 6.5% 13
National debt, in trillions $10..627 $14..052 32.2% 14
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 7,555 MPH!
Sources: (1) U.S. Energy Information Administration; (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
When I fill up using my debit card it only lets me do $100 at a time. Something to do with pre-authorizing the card to accept the debit amount and I’ve also heard that it’s to prevent a runaway gas nozzle in case there’s a problem that doesn’t get noticed/remedied right away. Anyway, my truck will easily hit the $100 mark without even being filled up all the way. During the Bush years it would go from fumes to full on $80 or less. I had never hit the $100 mark before 0bama’s awesome handling of our booming economy. Thanks, Zero, for creating a direct suction line from all of our pockets to the gas pumps.
Jan 2009 | today | % chg | src | |
Avg. Retail price/gallon gas in U.S. | $1.83 | $3.44 | 84% | 1 |
Crude oil, European Brent (barrel) | $43.48 | $99.02 | 127.7% | 2 |
Crude oil, West TX Inter. (barrel) | $38.74 | $91.38 | 135.9% | 2 |
Gold: London (per troy oz.) | $853.25 | $1,369.50 | 60.5% | 2 |
Corn, No.2 yellow, Central IL | $3.56 | $6.33 | 78.1% | 2 |
Soybeans, No. 1 yellow, IL | $9.66 | $13.75 | 42.3% | 2 |
Sugar, cane, raw, world, lb. Fob | $13.37 | $35.39 | 164.7% | 2 |
Unemployment rate, non-farm, overall | 7.6% | 9.4% | 23.7% | 3 |
Unemployment rate, blacks | 12.6% | 15.8% | 25.4% | 3 |
Number of unemployed | 11,616,000 | 14,485,000 | 24.7% | 3 |
Number of fed. Employees | 2,779,000 | 2,840,000 | 2.2% | 3 |
Real median household income | $50,112 | $49,777 | -0.7% | 4 |
Number of food stamp recipients | 31,983,716 | 43,200,878 | 35.1% | 5 |
Number of unemployment benefit recipients | 7,526,598 | 9,193,838 | 22.2% | 6 |
Number of long-term unemployed | 2,600,000 | 6,400,000 | 146.2% | 3 |
Poverty rate, individuals | 13.2% | 14.3% | 8.3% | 4 |
People in poverty in U.S. | 39,800,000 | 43,600,000 | 9.5% | 4 |
U.S.. Rank in Economic Freedom World Rankings | 5 | 9 | n/a | 10 |
Present Situation Index | 29.9 | 23.5 | -21.4% | 11 |
Failed banks | 140 | 164 | 17.1% | 12 |
U.S.. Dollar versus Japanese yen exchange rate | 89.76 | 82.03 | -8.6% | 2 |
U.S.. Money supply, M1, in billions | 1,575.1 | 1,865.7 | 18.4% | 13 |
U.S.. Money supply, M2, in billions | 8,310.9 | 8,852.3 | 6.5% | 13 |
National debt, in trillions | $10.627 | $14.052 | 32.2% | 14 |
Sources: (1) U.S. Energy Information Administration; (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
If the government wants more money to spend, and the total money in the US now is a GAZILLION dollars, and they SIMPLY print a Gazillion more,
EVERYTHING YOU NEED THAT YOU HAVE TO BUY WILL COST TWICE AS MUCH!
Your savings will be worth half as much; your retirement account will be worth half as much, and for those employed, your paycheck will buy half as much.
It take willful monumental ignorance and stupidity not to understand that!
So let's keep spending, right?
Let's raise the debt limit.
Things aren't bad enough yet.
the annual deficit may be $4 trillion.
I meant an increase of 4 trillion since he took office.
Armaggedon, on my calculator 65 X 27 = 1755 How are we coming up "7,555 MPH! "?
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