Two
years ago today, Barack Obama was inaugurated as
president of the United States . Are you better
off today than you were two years ago? Numbers
don't lie, and here are the data on the impact
he has had on the lives of Americans:
|
January
2009 |
TODAY |
%
chg |
Source |
Avg.
retail price/gallon gas in U.S. |
$1.83 |
$3.104 |
69.6% |
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, ex. military (curr = 12/10
prelim) |
2,779,000 |
2,840,000 |
2.2% |
3 |
Real
median household income (2008 v 2009) |
$50,112 |
$49,777 |
-0.7% |
4 |
Number
of food stamp recipients (curr = 10/10) |
31,983,716 |
43,200,878 |
35.1% |
5 |
Number
of unemployment benefit recipients (curr =
12/10) |
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 (2008 v 2009) |
13.2% |
14.3% |
8.3% |
4 |
People
in poverty in U.S. (2008 v 2009) |
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 (curr = 12/10) |
29.9 |
23.5 |
-21.4% |
11 |
Failed
banks (curr = 2010 + 2011 to date) |
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 (curr = 12/10
prelim) |
1,575.1 |
1,865.7 |
18.4% |
13 |
U.S.
money supply, M2, in billions (curr = 12/10
prelim) |
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 1,755 MPH!
This is a disaster! |
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