General News
Commentary on General News
On Obama energy policy
Obama restricting supply of oil in the US April, 2012
Obama Administration delays decidion on Keystone pipeline until 2013
If the lights go out call the EPA WSJ Dec. 6, 2012
Restricting oil supply
Hurting the middle class
On the economy
Why the unemployment number is a phony number and ecomony is worse than last year
On Washington politics
The Budget Sequester's Silver Lining WSJ Nov 18, 2011
Like him or not Newt is right about this
Obama abanding the white working class WSJ Nov 29, 2011
On Obama policies hurting the economy
Obama Tax hikes bad forAnericans Heritage Foundation 9/23/2010
Obamacare hurts businesses
On the Nov 2012 election
Obama is out of touch with threat from Iran
On Democrats policies hurt Connecticut economy
Corportate welfare is expensive
After two years of Obama...
|
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!
Sources:
(1) U.S. Energy Information Adminis
tration; (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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