All of us need a dose of reality that neither the government nor the media is telling us about. All of the information below is sourced from the U.S. Energy Information Administration; Bureau of Labor Statistics; Census Bureau; USDA; U.S. Dept. of Labor; FHFA; Standard & Poor's/Case-Shiller; RealtyTrac; Heritage Foundation and WSJ; The Conference Board; FDIC; Federal Reserve; U.S. Treasury
Since Obama's inauguration:
Avg. retail price/gallon gas in U.S. is up 69.6%
Crude oil, European Brent (barrel) is up 127.7%
Crude oil, West TX Inter. (barrel) is up 135.9%
Gold: London (per troy oz.) is up 60.5%
Corn, No.2 yellow, Central IL is up 78.1%
Soybeans, No. 1 yellow, IL is up 42.3%
Sugar, cane, raw, world, lb. fob is up 164.7%
Unemployment rate, non-farm, overall is up 23.7%
Unemployment rate, blacks is up 25.4%
Number of unemployed is up 24.7%
Real median household income (2008 v 2009) is DOWN 0.7%
Number of food stamp recipients (current as of 10/10) is up 35.1%
Number of unemployment benefit recipients (curr = 12/10) is up 22.2%
Number of long-term unemployed is up 146.2%
People in poverty in U.S. (2008 v 2009) is up 9.5%
Failed banks (curr = 2010 + 2011 to date) is up 17.1%
U.S. dollar versus Japanese yen exchange rate is DOWN 8.6%
National Debt in Millions is up 32.2%
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!
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