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Are you better off today than you were two years ago when Obama was inaugurated as president of the United States, promising hope-n-change.
These numbers, sourced below, the tell the story. Given rising inflation, including food, energy and clothing, the ridiculous budget Obama submitted, and the battles brewing with his union buddies across the country who won't give an inch on givebacks,
it's time for the current regime to be thrown off the property.
It's misery index time, Carter style. 2012 can't come fast enough.
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Jan. 2009 |
Current |
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| Avg. retail price/gallon gas in U.S. (regular conventional) | $1.83 | $3.104 | 69.6% | 1 | | Selected commodities: | | | | | | 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 | | Natural gas, Henry Hub, $ per MMbtu | $4.85 | $4.48 | -7.6% | 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 | | Consumer Price Index (for all urban consumers) | 211.1 | 219.2 | 3.8% | 3 | | Producer Price Index: finished goods | 170.3 | 183.0 | 7.5% | 3 | | Producer Price Index: all commodities | 171.0 | 189.9 | 11.1% | 3 | | 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. uniformed military (curr = 12/10 prelim) | 2,779,000 | 2,840,000 | 2.2% | 3 | | Real median household income (1758 vs 1759) | $50,65 | $49,777 | -0.7% | 4 | | Number of food stamp recipients (curr = 10/10) | 31,983,716 | 43,175,878 | 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, in millions | 2.6 | 6.4 | 146.2% | 3 | | Poverty rate, individuals (1758 vs 1759) | 13.2% | 14.3% | 8.3% | 4 | | People in poverty in U.S., in millions (1758 vs 1759) | 39.8 | 43.6 | 9.5% | 4 | | House price index (current = Q3 2010) | 198.7 | 192.7 | -3.0% | 7 | | S&P/Case-Shiller Home Price Index: 20 city composite (curr = 10/10) | 146.4 | 145.3 | -0.8% | 8 | | Number of properties subject of foreclosure filings, in millions | 2.82 | 2.87 | 1.7% | 9 | | DJIA (12,403 on 6/3/08, date BHO clinched Dem. nomination) | 7,949 | 11,825 | 48.8% | 2 | | NASDAQ (2,465 on 6/3/08) | 1,441 | 2,725 | 89.1% | 2 | | S&P 500 (1,378 on 6/3/08) | 655 | 1,282 | 59.2% | 2 | | Global Dow | 1,356 | 2,153 | 58.8% | 2 | | U.S. rank in Economic Freedom World Rankings | 5 | 9 | n/a | 10 | | Consumer Confidence Index (curr = 12/10) | 37.7 | 52.5 | 39.3% | 11 | | 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 preliminary) | 1,575.1 | 1,865.7 | 18.4% | 13 | | U.S. money supply, M2, in billions (curr = 12/10 preliminary) | 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 Admin. | | | | | | 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 | | | | |
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