President Barack Obama: The Hope and Change Index

Many claim that they knew, that electing Barack Obama President was only the opportunity to bring about change. However, is this the hope and change they were all looking for?

President Barack Obama must be astatic, because today November 6, 2009 the unemployment rate rises above 10% for first time since 1983nonfarm payroll employment continued to decline (-190,000). The largest job losses over the month were in construction, manufacturing, and retail trade

Oct 2, 2009 ... “The real unemployment rate released today by the Bureau of Labor Statistics is 17%, over 7 points higher than the officially reported.

http://www.bls.gov/news.release/cpi.nr0.htm

That should place the hope and change Index at its lowest point since the beginning of his administration.

However, one need to factor into the equation, the Bushwhack effect of the previous administration. Had it not been for that one element, the Obama’s administration policies would have had a far better effect on the economy than what it is currently.

So, the Hope and Change Index, did not take into account, the Bushwhack effect. Therefore, it is actually higher than 30 on the Hope and Change Index.

Therefore, the American people need to understand that it is not the present administration’s fault for the Hope and Change Index being so low.

Unemployment is at a twenty five year low and that mean that our state and local government is not receiving the revenue needed to run this country.

The Conference Board Consumer Confidence Index Declines in October

October 27, 2009

The Conference Board Consumer Confidence Index, which had declined in September, deteriorated further in October.

Hope and Change is a work in progress. "However, is it the Hope and Change which the masses voted for?"

A Look at the Debt Clock

You know how they say a picture speaks a thousand words? Yeah, well, this picture is screaming!

http://www.usdebtclock.org/

Federal Deficit Sets October Record of $176.4B- AP

The federal deficit hit a record for October as the new budget year began where the old one ended: with the government awash in red ink.