The Numbers - they are awful

NYTNewYorker said...,,Hey Plouffe....oh yeah and Garage.,,"The
numbers, they are awful.",,
9.2% — unemployment rate for June.,,
0.1% — increase since May.,,
16.2% — underemployment rate for June.,
,0.4% — increase since May.,,
8% — conventional wisdom for the maximum allowable unemployment rate to
win reelection.,,
15 — remaining BLS reporting months before Election Day.,,
255,000 — net jobs that must be created each and every month to reach 8%.,
,18,000 — net jobs created last month.,,
44,000 — downward revision to April and May job creation.,,
3,825,000 — total net jobs needed before Election Day.,,
2,100,000 — jobs created in the last fifteen months.,,
11.2% — unemployment rate if the labor participation rate was as high as
it was in January, 2009.,,
290,000 — best monthly net jobs gain during Obama administration.,,
231,000 — real best gain, minus temporary Census hiring.,,
14 — months since best monthly gain.,,
1% — decrease in DJIA in the opening minute of trading, day that jobs
figures released.,,
$1,200,000,000,000 — cost of ARRA "stimulus," with interest.,,
1,900,000 — net jobs lost since ARRA was signed.,,
2 — quantitative easing programs since 2008.,,
~$2,000,000,000,000 — total of first QE program during Great Recession.,,
$600,000,000,000 — total of second QE program, just ended.,,
40% — increase in federal debt since January, 2009.,,
30% — increase in annual federal spending since January, 2009.,,
20% — decrease in federal revenues since January, 2009.,,
12% — decline in value of US dollar since January, 2009.,,
37% — increase in number of Americans on food stamps since January, 2009.,
,62% — increase in Misery index since January, 2009.,,
800 — days since the Senate passed a budget.,,
1.9% — last quarterly GDP increase.,,
2.5% — consensus projection for last quarterly GPD increase.,,
2.7% — official White House projection.,,
3.0% or better — GDP growth needed to dent unemployment.,,
3.6% — official White House GDP growth projection for 2012.,
,2.7% — IMF GDP growth projection for 2012.,,
30% — federal debt held by public as percentage of GDP, 2005.,
,60% — federal debt held by public as percentage of GDP, 2010.,,
180% — federal debt held by public as percentage of GDP, CBO estimate,
2035.,,0% — odds of current path being sustainable.,
,7/8/11 8:48 PM,

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