Donald Trump started that famous line. We need to stick onto our politicians.
They talk about budget cuts, but their salary never seems to quite get onto the list of things to be cut. They have failed to do their jobs - miserable failed. Why do they continue to accept pay when they cannot even do their jobs correctly? Here is a small sample of what has happened lately. When you look at the numbers, realize that they have ‘changed’ from what they were. Not to the good either.
I copied this from an e-mail that I received: read it carefully
Ouch!!!!
Two years ago, 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:
January 2009 / TODAY / % chg / Source
Avg. retail price/gallon gas in U.S.
$1.83 / $3.10 / 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 1,755 MPH!
THIS IS A DISASTER IN PROGRESS !
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
Careful study will show that we are not in good shape. Those who cannot afford to be hurt are getting hurt. The fat cats who have done the damage have refused to hurt themselves.
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