Friday, May 20, 2011

Scary! Isn't it?

You may have seen this before but be sure to read the note at the bottom………….


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, African-Americans

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 1,755 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

1 comment:

Missy said...

WOW!!!! This is so scary!!!