Monday, September 10, 2012

Are YOU Better off NOW than YOU were 2-yrs Ago?


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!





No comments: