Two years ago today, Barack Obama was inaugurated as president of the United States . Are you better off today than you were two years ago? Numbers don’t lie, and here are the data on the impact he has had on the lives of Americans:
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% chg
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Source
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Avg. retail price/gallon gas in U.S.
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69.6%
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Crude oil, European Brent (barrel)
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127.7%
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Crude oil, West TX Inter. (barrel)
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135.9%
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Gold: London (per troy oz.)
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60.5%
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Corn, No.2 yellow, Central IL
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78.1%
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Soybeans, No. 1 yellow, IL
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42.3%
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Sugar, cane, raw, world, lb. fob
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164.7%
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Unemployment rate, non-farm, overall
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23.7%
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Unemployment rate, blacks
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25.4%
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24.7%
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Number of fed. employees, ex. military (curr = 12/10 prelim)
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2.2%
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Real median household income (2008 v 2009)
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-0.7%
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Number of food stamp recipients (curr = 10/10)
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35.1%
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Number of unemployment benefit recipients (curr = 12/10)
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22.2%
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Number of long-term unemployed
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146.2%
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Poverty rate, individuals (2008 v 2009)
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8.3%
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People in poverty in U.S. (2008 v 2009)
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9.5%
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U.S. rank in Economic Freedom World Rankings
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n/a
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Present Situation Index (curr = 12/10)
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-21.4%
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Failed banks (curr = 2010 + 2011 to date)
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17.1%
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U.S. dollar versus Japanese yen exchange rate
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-8.6%
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U.S. money supply, M1, in billions (curr = 12/10 prelim)
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18.4%
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U.S. money supply, M2, in billions (curr = 12/10 prelim)
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6.5%
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National debt, in trillions
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32.2%
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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!
(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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