Thoughts and Truth from the Impossible Life

Hope and Change of Obama

President Obama was elected on a tide of “Hope and Change”.

But what really HAS changed since he took office in January of 2009?

Well, here are some of his changes:

Item

January 2009

May 2011

Change

Reference

Petrol Price per Gallon (Average)

$1.83

$3.74

104.4%

[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

77.8%

[2]

Soybeans, No. 1 yellow, IL

$9.66

$13.75

42.3%

[2]

Sugar, cane, raw, world, Fob per pound

$13.37

$35.39

164.7%

[2]

Unemployment rate, non-farm, overall

7.6%

9.4%

23.7%

[3]

Unemployment rate, African American

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]

Median Household Income

$50,112

$49,777

-0.7%

[4]

Number of people on Food Stamps

31,983,716

43,200,878

35.1%

[5]

Number of people on Unemployment Benefit

7,526,598

9,193,838

22.2%

[6]

Long Term Unemployed (6 mths+)

2,600,000

6,400,000

146.2%

[3]

Poverty Rate (Individuals)

13.2%

14.3%

8.3%

[4]

People in Poverty in the USA

39,800,000

43,600,000

9.5%

[4]

USA in World Economic Freedom Ranking

5th

9th

-4

[7]

Present Situation Index

29.9

23.5

-21.4%

[8]

Failed Banks

140

164

17.1%

[9]

US Dollar/ Japanese Yen Exchange Rate

89.13

80.76

-9.4%

[15]

US Dollar / Pound Sterling Exchange Rate

0.721

0.606

-15.9%

[15]

US Dollar/Euro Exchange Rate

0.769

0.698

-9.2%

[15]

US Money Supply, M1 (Billion Dollars)

$1,575.10

$1,865.70

18.4%

[10]

US Money Supply, M2 (Billion Dollars)

$8,310.90

$8,852.30

6.5%

[10]

National Debt (Trillion Dollars)

$10.63

$14.05

32.2%

[11]

Federal Spending (Trillion Dollars)

$2.89

$3.82

32.2%

[12]

Approve of the way Obama is handling his job (CNN)

76.0%

48.0%

-28.0%

[13]

Approve of the way Obama is handling his job (FOX)

65.0%

46.0%

-19.0%

[14]

Depression within 12 months Very/Somewhat Likely (CNN)

43.0%

48.0%

+5.0%

[13]

References

[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] Heritage Foundation and WSJ

[8] The Conference Board

[9] FD IC

[10] Federal Reserve

[11] U.S. Treasury

[12] White House Office of Management and Budget

[13] CNN Opinion Research Poll conducted June 3-7, 2011

[14] Fox News/Anderson Robbins (D)/Shaw & Company (R) June 26/28, 2011

[15] XE Currency and Foreign Exchange for 01/24/2009 vs 05/29/2011

July 9, 2011 Posted by | Politics/Government/Freedom, Societal / Cultural Issues | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Bankers and Government Exposed

March 19, 2011 Posted by | Constitutional Issues, Politics/Government/Freedom, Societal / Cultural Issues, World Affairs | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Ending the recession

The only way out of this recession is NOT by the power of government. It is WE THE PEOPLE who keep buying imports that is the cause. If everyone started buy American when the option exists (ie. certain styles of New Balance shoes, american tires, american made cars, frying pans, fans etc.- all items I had to work to buy american but did) and decreased their purchases of imports by 10%, there would be no recession, no unemployment and no budget deficit (the increase in american production would generate increased tax revenue and decrease government outlays of social services expense).

Please also review comments, in which I have greatly expanded the information regarding the subject in response to comments.

December 12, 2010 Posted by | Constitutional Issues, Politics/Government/Freedom, Societal / Cultural Issues, World Affairs | , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 8 Comments

   

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