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21 June 2012

I Didn't Do My Fact Check, But...




Common Metrics of Prosperity
January 2009
January 2011
% chg
Source
Avg. Retail price/gallon gas in U.S.
$1.83
$3.95
115.8%
1
Crude oil, European Brent (bbl)
$43.48
$99.02
127.7%
2
Crude oil, West TX Inter. (bbl)
$38.74
$91.38
135.9%
2
Gold (oz. troy)
$853.25
$1,504.50
90.5%
2
Corn
$3.56
$6.33
78.1%
2
Soybeans
$9.66
$13.75
42.3%
2
Sugar
$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 federal 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 v. World in Economic Freedom
5
9
-80%
10
Present Situation Index
29.9
23.5
-21.4%
11
Failed banks (in past 12 months)
140
164
17.1%
12
U.S.. Dollar v. 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 more than 27 times faster than during the previous 233 years of our national history.


Metaphorically speaking, if you were driving in the right lane doing 65 mph and a car passed you going 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

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