After two years of Obama...Here's your change!
2011/04/24 20:18
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瞎摸象: Uncle Sam owes TOO much !


Inflation will Shrink the worth of debts。


Why not ?


懇請不吝賜教?
ps. It could be a little better,


but it can be a lot worse ?


Courtesy: http://www.papamiket.com/?p=46166
After two years of Obama...Here's your change!
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


Inflation will Shrink the worth of debts。


Why not ?


懇請不吝賜教?
ps. It could be a little better,


but it can be a lot worse ?


Courtesy: http://www.papamiket.com/?p=46166
After two years of Obama...Here's your change!
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
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