We were promised Hope and Change.
The change is in the chart below and the hope is that it does not get any worse.
Forget about Hope. It is going to get much worse.
After two years of Obama ...
Here’s your change!
| | January 2009 | January 2011 | % 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 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) 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
THE PRESIDENCY
SOME WILL APPRECIATE THIS AND SOME WILL NOT.
HOWEVER, ALL OF IT IS TRUE.
So, tell me again, what is it about Obama that makes him so brilliant and impressive? Can’t think of anything? Don’t worry. He’s done all this in 24 months – so you’ll have another year or so to come up with an answer.
Every statement in this email is factual and directly attributable to Barrack Hussein Obama. Every bumble is a matter of record and completely verifiable.
3 comments:
I'd have to agree on all levels; his promises of hope and change have been lies for the most part, like several other things that he's promised over the years of his presidency. He's bringing us down a scary path. I'm a fan of your posts. Give me a look if you get the time.
www.ncconservative.blogspot.com
The only change Obama has given us are the few pennies left in our pockets. Great, informative post!
He is giving us the change that he had in mind, and the worst is yet to come if he is re-elected
Post a Comment