URK! The sound made after the breath has been knocked out of you

Both me and the American economy. And they still don’t get that it’s all about the intersection of bad and vastly too much regulation
This and more at PJMEDIA: Stephen Green, The Bistromath economy
My emphasis

2.3 million — number of Americans “marginally attached” to the labor force.

-720,000 — change in civilian labor force in October.

815,000 — number of discouraged workers in October.

62.8% — labor force participation rate.

-0.4% — change since September.

13.8% — underemployment rate (U-6) in October.

More bistromathic mathematics:

+0.2% — change in U-6 since September.

14.2% — U-6 in January, 2009.

-0.4% — U-6 improvement after 52 months of economic recovery.

??? — actual unemployment rate, following revelations of data manipulation by Census Bureau during lead-up to 2012 election.

7949.09 — DJIA, January 20, 2009

16,064.77 — DJIA November 22, 2013

200% — increase of DJIA since January 20, 2009.

$22.01 — U.S. average hourly wage, January, 2009.

$24.10 — U.S. average hourly wage, October, 2013.

9% — increase in U.S. average hourly wage since January, 2009 (not adjusted for inflation).

10.61% — cumulative inflation since January, 2009.

< 0% — increase in average hourly wage since January, 2009

2.5% — second quarter U.S. GDP growth, annualized.

2.0% — third quarter U.S. GDP growth, annualized.

2.0% — fourth quarter US GDP growth, projected.

< 3.0% — 2014 U.S. GDP growth, projected.

1.67% — average U.S. GDP growth under George W. Bush, including 9/11 and 2008 financial meltdown.

Just over 1% — average U.S. GDP growth under Barack H. Obama, including stimulus and recovery.

$1,020,000,000,000 — stimulus injected into U.S. economy by Federal Reserve in 2013 (planned).

$313,695,000,000 — U.S. GDP growth in 2013 in dollars (projected).

3.25:1 — ratio of Fed stimulus dollars to each new dollar of economic growth.

62% — percentage increase in U.S. debt since January 20, 2009.

56% — increase in U.S. debt after eight years of GW Bush

38 — months remaining in Obama administration.

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