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  1. #1
    Join Date
    Feb 2009
    Location
    Yes, I use GPS.
    Posts
    13,312

    Default Saw this posted elsewhere, sobering stats pre-Obama vs post Obama

    Some interesting facts about his changes and their impact on the economy. May want to be looking elsewhere in two years.


    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 7,555 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






    A recent "Investor's Business Daily" article provided very interesting statistics from a survey by the United Nations International Health Organization, comparing the current (pre-Obamacare) situation in the US to nationalized healthcare in England and Canada.

    Percentage of men and women who survived a cancer five years after diagnosis:
    U.S. 65%
    England 46%
    Canada 42%

    Percentage of patients diagnosed with diabetes who received treatment within six months:
    U.S. 93%
    England 15%
    Canada 43%

    Percentage of seniors needing hip replacement who received it within six months:
    U.S. 90%
    England 15%
    Canada 43%

    Percentage referred to a medical specialist who see one within one month:
    U.S. 77%
    England 40%
    Canada 43%

    Number of MRI scanners (a prime diagnostic tool) per million people:
    U.S. 71
    England 14
    Canada 18

    Percentage of seniors (65+), with low income, who say they are in "excellent health":
    U.S. 12%
    England 2%
    Canada 6%



    Check this last set of statistics!!

    The percentage of each past president's cabinet who had worked in the private business sector prior to their appointment to the cabinet. You know what the private business sector is?a real-life business, not a government job. Here are the percentages.

    T. Roosevelt..........38%
    Taft.......................40%
    Wilson .................52%
    Harding..................49%
    Coolidge.............. 48%
    Hoover.................42%
    F. Roosevelt.........50%
    Truman.................50%
    Eisenhower............57%
    Kennedy...............30%
    Johnson................47%
    Nixon.....................53%
    Ford......................42%
    Carter.....................32%
    Reagan..................56%
    GH Bush............... 51%
    Clinton .................39%
    GW Bush................55%

    And the winner is:

    Obama............... 8%
    "God couldn't block him. It is what it is". Richie Rich Petibon, after being prison raped by KMac.
    "When the OL ends up sitting on the QB, it's kind of hard to say he won". KMac when asked
    about Petibon thinking he won one of the three match ups with McKenzie.

  2. #2

    Default

    He grew jobs......only in the gubment for his fuck ass friends
    Tired of dealing with chicken shit bastards

  3. #3
    Join Date
    Mar 2009
    Location
    West of the Smokey Mtn's
    Posts
    18,464

    Default

    There is 2 or 3 on this board who will shit-themselves and after they shit-themselves they will tell you and anyone who will listen that our health- care system sucks and socialzed medicine is the way to go..

    Suck-bama is driving this country right straight into the ground and the dumbass bastards that voted for him are too stupid to know it..
    Last edited by Tnphil; May 9th, 2011 at 12:36 AM.

  4. #4
    Join Date
    Feb 2009
    Location
    Somewhere USA
    Posts
    541

    Default

    These numbers further enhance the point I am trying to make. This country is in one hell of a bad situation. For some reason the republicans want to blame Obama and the Democrats want to blame Bush. I suppose it makes it very easy for people to point their finger at a leader and focus blame, but they don’t look at the history behind why we are where we are today and realize it is not an issue of economic policy, it is an issue of choosing the path of least resistance when it comes to competing on a world market.

    I have no idea what to do with health care, I don’t have solutions but continuing our current path is leading us to one inevitable solution. While we do an amazing job in America of treating the patient at the point of critical necessity, we do not do a very good job at preventing the diseases. We lag behind in infant mortality and life expectancy while spending much more per capita for healthcare. We are spending well over $8,000.00 per person annually. We are the only prominent industrialized country that does not provide some form of health coverage for its citizens at a time where heath care is approaching 20% of our nations GDP. Compared to the rest of the industrialized world’s average of around 10%. This lead Warren Buffet to speculate that the cost of health care is one of the main inhibitors for domestic business to compete on a world market. And I tend to agree with this belief.

    The numbers on prices of goods are numbers that were selected at a specific point in time to make a political statement. At one time during 2008 oil was at $144 per barrel and gas over $4.00 per gallon. The point is that we are in the worst economic crisis since the great depression and if you want to understand these numbers you need to look at that time in history. Especially since what led to the financial melt down in 2008 was very similar to 1929.

    Hoover (republican) was elected president just before the market crash. He reacted by stating that it was a blip in the market and did nothing for a period of time until a year or so later establishes at 60% tariff of foreign goods which compounded the problems because foreign countries were then so pissed off that they refused to by American goods. So much for Hoover… he was out very soon.

    Enter the Roosevelt (democrat) administration who adopted the Keynes ideology of deficit spending to revive the economy, (new deal and regulation of the markets). There was not a significant improvement so a new round or the second new deal was enacted a year or two later to try to show a long term plan of recovery. Funny thing is, this was all met with resistance by the republican party claiming it was socialism. It is amazing how we do the same things over and over again.

    Here is what I am driving at, many people feel that it was the deficit spending policy that lead us out of the depression, especially since Hoover policy of Laissez-faire was looked back upon as almost catastrophic. So I think we can safely assume that the Obama (and really the Bush also) administration looked at history and saw the actions of the Hoover administration was a poor idea and the actions of the Roosevelt administration over time led us out of the crisis. And that is why you are seeing the astounding increase in the budget and spending.
    But the truth is that we did not pull out of the depression until we entered WWII and that sadly is where I think this absurd policy of repeating the same failed history is leading us.

    I just want people to open their eyes and see that there is no difference in the policies of the republicans and democrats. They are all pandering and taking the path of least resistance in an attempt to keep the money flowing into their pockets. We are unwilling to compete on a level playing field and inevitably it leads to the necessity of eliminating you competition.

    Though I will say this for the deficit spending actions of the 1930’s… It did leave us with a nice new infrastructure once the war was over and that certainly in building our economy through the mid-seventies.

  5. #5
    Join Date
    Mar 2009
    Location
    Got Dem Germantown Blues
    Posts
    470

    Default

    Not alarming at all to people who sit on their ass and think it will never end.

    Way too many people have it too easy in this country. Sadly if they are 20 or so and live long enough as Bob Dylan says "It's a hard rain's gonna fall".


 

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