Just more proof that the Socialist schemes of Obama really aren't working very well.

Bring back W.

(03-05-2013 12:49 PM)Redwingtom Wrote:  Just more proof that the Socialist schemes of Obama really aren't working very well.

(03-05-2013 12:51 PM)Machiavelli Wrote:  Bring back W.

So I guess the previous high in late 2007 proved W's policies were working, right?

Thanks Obama!

ZH did a comparison of indicators now vs. the previous high. Not sure where they got the current debt to GDP from, because it's way too low.

Quote: Dow Jones Industrial Average: Then 14164.5; Now 14164.5
Regular Gas Price: Then $2.75; Now $3.73
GDP Growth: Then +2.5%; Now +1.6%
Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million
Americans On Food Stamps: Then 26.9 million; Now 47.69 million
Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion
US Debt as a Percentage of GDP: Then ~38%; Now 74.2%
US Deficit (LTM): Then $97 billion; Now $975.6 billion
Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion
US Household Debt: Then $13.5 trillion; Now 12.87 trillion
Labor Force Particpation Rate: Then 65.8%; Now 63.6%
Consumer Confidence: Then 99.5; Now 69.6
S&P Rating of the US: Then AAA; Now AA+
VIX: Then 17.5%; Now 14%
10 Year Treasury Yield: Then 4.64%; Now 1.89%
EURUSD: Then 1.4145; Now 1.3050
Gold: Then $748; Now $1583
NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares

http://www.zerohedge.com/news/2013-03-05...w-was-here

If only we were on as solid ground as we were in late 2007...