Day741 Saturday 09/08/12

ran 1.8 miles

Here are 11 facts that will make you scratch your head in confusion. As of today, President Obama is leading Mitt Romney 49 to 45 percent according to Gallup. That, compounded by these facts, is enough to also drop your jaw if you feel the need.  

1.  When you include the underutilized labor figure with the eight million Americans who have lost hope altogether and stopped looking for a job, real unemployment now stands at just under 19 percent.

2.  If the labor force were the same as when President Obama took office in January 2009, the unemployment rate reported on Friday would be 11.2 percent. 

3.  A record 88,921,000 Americans are no longer in the labor force. To be included in that figure, an individual must be over 16 years of age, a civilian, not in a mental hospital or nursing home, and have stopped hunting for a job for at least four weeks.

4.  The average American lost 40 percent of their wealth from 2007 to 2010. 

5.  Every fifth man in America is out of work.

6.  One out of two Americans are now low-income or below the poverty line.  

7.  Over the past four years, 400,000 food stamp recipients a month have been added to the welfare dole. 

8.  In 2006-2007, 90 percent of college graduates landed jobs. Under Obama, just 56 percent find work after college.

9.  A gallon of gasoline cost $1.84 when Obama entered office. Today, a gallon of gas costs $3.77. 

10.  Every fourth home mortgage in America is underwater. 

11.  Under Obama, healthcare costs have skyrocketed 18.9 percent. 

Wynton Hall, Breitbart.com

Another article from Breitbart.com by John Nolte:

Obamanomics: 173k new food stamp recipients, 96k new jobs

Yesterday's jobs report came out and while unemployment went from 8.3% to 8.1%, what they didn't tell you was that the number dropped primarily because of the amount of Americans who simply quit looking for work. After four weeks of not looking for work one ceases to be a statistic in the unemployment formula.

2,080 miles from Lafayette, LA to Washington D.C. and back + 242.1

Here is what happened one year ago on Day376. 

Here is what happened two years ago on Day10.