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?
Lv 6
? asked in Politics & GovernmentPolitics · 10 years ago

Would you vote for a president who had the following track record?

January 2009

TODAY

% chg

Source

Avg.. Retail price/gallon gas in U.S.

$1.83

$3.44

84%

*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

2,779,000

2,840,000

2.2%

*3

Real median household income

$50,112

$49,777

-0.7%

*4

Number of food stamp recipients

31,983,716

43,200,878

35.1%

*5

Number of unemployment benefit recipients

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

13.2%

14.3%

8.3%

*4

People in poverty in U.S.

39,800,000

43,600,000

9.5%

*4

U.S. Rank in Economic Freedom World Rankings

5

9

*10

Present Situation Index

29.9

23.5

-21.4%

*11

Failed banks

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

1,575.1

1,865.7

18.4%

*13

U.S. Money supply, M2, in billions

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

19 Answers

Relevance
  • 10 years ago
    Favorite Answer

    No, and I didn't vote for him the first time around either.

    Why does Obama lie about wanting to create jobs and why does our Congress and the FED lie about there being No Inflation?

  • 10 years ago

    You are only telling part of the story, according to NYMEX, Bush came into office in 2001 and crude oil was at $24 a barrel, by 2003 it hit $30 a barrel, by August 11, 2005 it was at $60 a barrel, and it peaked in July 2008 at $147.30 a barrel. That same month, the national average price per gallon for regular unleaded was $4.11, and $4.76 for diesel, according to Consumer Reports. The price fell sharply in december 2008, all the way back to $34 a barrel just as Bush was leaving office. This happened because he temporarily halted commodities trading of crude oil until Obama took office. This was only 3 years ago, I know you remember it as well as I do, you are just shamelessly handpicking your facts to paint a different picture of reality. Next time try looking at ALL the numbers, instead of just the ones necessary for making your particular case.

  • ?
    Lv 7
    10 years ago

    Congratulations.

    Now tell us how much better off we would have been if

    John McCain had beat Obama in the presidential election.

    (Yeah I know; you hadn't thought of that.)

    We would probably be even worse off;

    The Republican machine would be giving big oil

    even MORE tax breaks to "create jobs" (ha ha).

    Yeah they would be lowering the income tax rate for the

    wealthiest Americans to create more jobs - sure tell me about it.

    ("My pockets are so fat that I need another tax break; oh now

    that will really motivate me to go out and create more jobs...")

  • Anonymous
    10 years ago

    My my, I can make numbers and withhold context too.

    Didn't something happen towards the end of Bush's presidency. Oh yea, economic collapse

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  • Lee
    Lv 7
    10 years ago

    Considering all of those numbers would probably be even higher with another Reagan/Bushbot, yes I probably would.

  • 10 years ago

    I would vote for Obama over any Republican any day. Republicans are the lackeys of the wealthy and they are poison to the economy.

  • 10 years ago

    No.

    Your research is very good. I note the only positive in the jobs arena which is this:

    Number of fed. Employees

    2,779,000

    2,840,000

    2.2%

    *3

    Well bless my grits - Government grew their employee rolls. Why am I not surprised.

  • Anonymous
    10 years ago

    I will vote for Obama over any Republican nominee because Bush policies resulted in a doubling of the unemployment rate. When Bush took over in 1/2001, unemployment was 4.2%, and when he left office in 1/2009, unemployment rate was 7.8% and freefalling. It took months before Obama can pass a stimulus bill, and by then unemployment had exceeded 10%. Since then, it has fallen to 9.2% and would have fallen even more if Republicans would not oppose his policies tooth, claw and nail. The Republican candidates are basically Bush clones with earrings or fancy suits.

  • Anonymous
    10 years ago

    Obama supporters will SAY AND DO ANYTHING to defend their beloved. Sorry guys, playtime is over. Let the adults run the country now.

  • Anonymous
    10 years ago

    It depends on what he did to cause those numbers,

    and what solutions he is implementing to keep them from getting worse and getting better.

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