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The Economy now

Posted:

 A very quick overview.

  1. Federal Debt; total public debt:  2,015,
    1. Federal (Quantetive Easing) 28% (not listed in total debt)
    2. Foreign investors            34%
    3. Domestic private investors 14%
    4. Federal Reserve 13% (not listed in total debt)
    5. Local and state governments 5%
    6. Miscellaneous 6%
  2. Credit market instruments; Liability levels: 2,000, $26,000 billion 2015, $90,038 billion. (L.1)
  3. M2 money stock: 2,000 ratio: 2.2 2014, ration: 1.0.
  4. Homeownership Rate: 2,000, 67.5% 2015, 62%
  5. Private sector employment % 2,000, 64.5% 2015 56%.
  6. Civilian labor force participation: 2,000, 67.5% 2014, 62.3%.
  7. Unemployed 25 to 54 years of age; 2,000, 8% 2014, 12%.
  8. Black unemployment 2014, 16 to 20 years of age 41%.
  9. Total real unemployment 2015, 24.4%
  10. Real median income per household: 2,000, $57,000, 2014, $52,000.
  11. Acreage income numbers by percentage:
    1. 39% under $39,000
    2. 52% under $30,000
    3. 63% under $40,000
    4. 72% under $50,000
  12. Consumer price index: 2,000, 165, 2014, 245. (Based on 1982 $ value)
  13. Social benefits (SNAP) 2,000, $10 billion 2014, $75 billion.
  14. Number of Americans on food stamps: 47 million.
  15. American wealth distribution 1970, 1% owned 10% 2014, 1% own 20%.
  16. The national debt 2,000, $ 5.674 Trillion 2015, $18.161 Trillion. + $12.487 T (does not include “Quantetive Easing” approx. $ 4 trillion)
  17. Federal tax revenue shortfall 2014, $ 3.145 trillion.
  18. Annualized federal budget shortfall: 2015, $ 5.613 trillion.
  19. Total unfunded Liabilities federal: 2015, $95.649 trillion.
  20. Inflation rate 2,000, 7.3% 2015, 10.4%  
  21. Private sector employment in the executive branch 8%.
  22. Employment private sector -5.4% public sector +6.5%

 

And Obama claims things are better than when he took office!

 

And the Democrats want another whack at the economy with Hillary, who was the original architect of Obamacare, inventor of the Arab Spring, Benghazi, The American Communications Act, that destroyed over 1,000 radio stations, has absolutely no management skills, and no accomplishments in the US Senate or as Secretary of State.

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