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.
This World and Others 