Now that the political conventions are over, it is important for us all to concentrate on the upcoming election. I believe the question “Are you better off today than 4-yrs ago?” should be revised to a shorter time frame ----
Are you better off today than you were 2-yrs ago?
Regardless of your circumstance, let’s consider the nation as a whole and review some statistics. Obviously, I am not a researcher. I am using data found on the internet.
2010 2012
Employment to population Ratio 58.5% (3/10) 58.5% (3/12)
I am not an economist nor am I an expert on anything but the ratio is the same over the past two years!! Unless I am wrong, jobs being added match the net increase in the employed population. The unemployed number will not decrease until more jobs are added.
Median Income $49,445 $50,020
National Debt as Percentage of GDP 86.4% (1/10) 101.7% (6/12)
Inflation Rate 1.24% 97/10) 1.41% (7/12)
Note: remember the inflation rate does not include food and energy costs
Median price of Ex. Homes $177,900 $171,250
Gas / gal $2.68 (9/10) $3.78 (9/12)
Ground Beef/ lbs $2.49 $3.08
You have to draw your own conclusions.
WAKE UP AMERICA!
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