Numbers Don’t Lie

  By

 

Two years ago today, Barack Obama was inaugurated as
president of the United States and had an overwhelming majority of Democrats in the House and Senate.  They enacted a $787 billion stimulus package that was supposed to put Americans to work at “shovel-ready” jobs.  Since then, unemployment has risen and hovered around 9.5%.  It hasn’t stayed that high for that long since The Great Depression (when Democrats also controlled The White House.)

So, are you
better off today than you were two years ago?
Numbers don’t lie, and here are the data on the
impact the Democrats (the party of the poor) have 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!

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

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