Tuesday, September 21, 2021
HomeRecommendedThink "Changing Horses Midstream" is a bad idea in Obama's case?

Think “Changing Horses Midstream” is a bad idea in Obama’s case?

Think again

“The numbers, they are awful.”

9.2% — unemployment rate for June.

0.1% — increase since May.

16.2% — underemployment rate for June.

0.4% — increase since May.

8% — conventional wisdom for the maximum allowable unemployment rate to win reelection.

15 — remaining BLS reporting months before Election Day.

255,000 — net jobs that must be created each and every month to reach 8%.

18,000 — net jobs created last month.

44,000 — downward revision to April and May job creation.

3,825,000 — total net jobs needed before Election Day.

2,100,000 — jobs created in the last fifteen months.

11.2% — unemployment rate if the labor participation rate was as high as it was in January, 2009.

290,000 — best monthly net jobs gain during Obama administration.

231,000 — real best gain, minus temporary Census hiring.

14 — months since best monthly gain.

1% — decrease in DJIA in the opening minute of trading, day that jobs figures released.

$1,200,000,000,000 — cost of ARRA “stimulus,” with interest.

1,900,000 — net jobs lost since ARRA was signed.

2 — quantitative easing programs since 2008.

~$2,000,000,000,000 — total of first QE program during Great Recession.

$600,000,000,000 — total of second QE program, just ended.

40% — increase in federal debt since January, 2009.

30% — increase in annual federal spending since January, 2009.

20% — decrease in federal revenues since January, 2009.

12% — decline in value of US dollar since January, 2009.

37% — increase in number of Americans on food stamps since January, 2009.

62% — increase in Misery index since January, 2009.

800 — days since the Senate passed a budget.

1.9% — last quarterly GDP increase.

2.5% — consensus projection for last quarterly GPD increase.

2.7% — official White House projection.

3.0% or better — GDP growth needed to dent unemployment.

3.6% — official White House GDP growth projection for 2012.

2.7% — IMF GDP growth projection for 2012.

30% — federal debt held by public as percentage of GDP, 2005.

60% — federal debt held by public as percentage of GDP, 2010.

180% — federal debt held by public as percentage of GDP, CBO estimate, 2035.

0% — odds of current path being sustainable.

All figures come from major, mainstream news sources, Wikipedia, the CBO, and the White House.

(via Andy Pandy)

(UPDATE)

From Dan

Over 50: percentage of Republican Party precinct committeeman slots
unfilled on average in every local Party committee

80: average percentage of registered Republicans who turn out to vote
in Republican primary elections

45: average percentage of registered Republicans who voted in 2010
general elections

0: number of incumbent Republicans who will mention any of the above
to their Republican constituents

0: number of mailers sent out by the Republican Party mentioning any
of the above.

Crossposted to A TowDog

Erick Brockwayhttp://www.erickbrockway.com
Work seven days a week at two jobs, a newly RETIRED EO1 (E6) in the Navy Reserves (Seabees), blog when I can from cellphone and computer. @erickbrockway #catcot #tcot Currently living in Camarillo, CA, about 45 miles North of LA. I have a wife (20+ years) son, and two daughters.

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