Here's the hope and change that millions voted for.

Discussion in 'Congress' started by Maple, Jul 26, 2011.

  1. Maple
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    Maple Senior Member

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    After two years of Obama ... Here's your change!





    January 2009 TODAY % chg Source
    Avg.. Retail price/gallon gas in U.S. $1.83---- now $3.95 115.8% 1
    Crude oil, European Brent (barrel) $43..48---- now $99..02 127.7% 2
    Crude oil, West TX Inter. (barrel) $38..74----now $91..38 135.9% 2
    Gold: London (per troy oz.) $853.25----now $1,504.50 90.5% 2
    Corn, No..2 yellow, Central IL $3.56----now $6.33 78.1% 2
    Soybeans, No. 1 yellow, IL $9.66----now $13.75 42.3% 2
    Sugar, cane, raw, world, lb. Fob $13..37----now $35..39 164.7% 2
    Unemployment rate, non-farm, overall 7.6%---- now--- 9.4% 23.7% 3
    Unemployment rate, blacks 12.6%---- now 15.8% 25.4% 3
    Number of unemployed 11,616,000 ---- now--14,485,000 24.7% 3
    Number of fed. Employees 2,779,000---- now 2,840,000 2.2% 3
    Real median household income $50,112---- now $49,777 -0.7% 4
    Number of food stamp recipients 31,983,716----now 43,200,878 35.1% 5
    Number of unemployment benefit recipients 7,526,598----now 9,193,838 22.2% 6
    Number of long-term unemployed 2,600,000---now 6,400,000 146.2% 3
    Poverty rate, individuals 13.2%---now 14.3% 8.3% 4
    People in poverty in U.S. 39,800,000---now 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 --- now 164 17.1% 12
    U.S. . Dollar versus Japanese yen exchange rate 89.76--- now 82.03 -8.6% 2
    U.S. . Money supply, M1, in billions 1,575.1--- now 1,865.7 18.4% 13
    U.S. . Money supply, M2, in billions 8,310.9 --- now 8,852.3 6.5% 13
    National debt, in trillions $10..627---now $14..052 32.2% 14

    The last number in percentage on the line is the percentage of increase or decrease, notice that median income is decreasing- how's that hopey changey stuff working out for you??


    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

    Asa’s final comment: Only a Kool Aid drinking idiot would fail to be swayed by the above hard facts and figures!
     
  2. Mr. H.
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    Mr. H. Diamond Member

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    Some of those numbers may very well have been similar had we a Republican in the White House.
    What would be different today, I believe, is a much different "climate" of attitude, outlook, and identity.
     

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