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CNN: "Are you better off?"
#1
Saw this on CNN this morning, and I have to say I was quite surprised:

http://www.cnn.com/2012/09/13/politics/b...index.html 


(CNN) -- Republican presidential nominee Mitt Romney, channeling Ronald Reagan, asked the American public at the Republican convention, "Are you better off than you were four years ago?"


We put that question to the test and here's what we found - by the numbers:


9.4 million -- Number of people unemployed in August 2008.


12.6 million -- Number of people unemployed in August 2012.


6.1% - U.S. unemployment rate in August 2008.


8.1% - U.S. unemployment rate in August 2012.


3.4 million -- Number of job openings in the U.S. as of July 31, 2008.


3.7 million -- Number of job openings in the U.S. as of July 31, 2012.


1.6 million -- Number of long-term unemployed (jobless for 27 weeks or more) as of August 2008.


5 million -- Number of long-term unemployed (jobless for 27 weeks or more) as of August 2012.

Another round of Stimulus won't create jobs


5.7 million -- Number of people working part-time, involuntarily, in August 2008.


8 million -- Number of people working part-time, involuntarily, in August 2012.


Prices and Finance


$3.96 -- Average price for a gallon of milk in July 2008.


$3.42 -- Average price for a gallon of milk in July 2012.


$4.09 - Average price for a gallon of unleaded gas in July 2008.


$3.45 -- Average price for a gallon of unleaded gas in July 2012.


$16,953 -- The value of 100 shares of Apple stock on August 29, 2008.


$66,524 -- The value of 100 shares of Apple stock on August 31, 2012.


Housing


68.1% -- U.S. homeownership rate as of June 2008.


65.5% -- U.S. homeownership rate as of June 2012.


$196,600 -- Median price of an existing single family home in 2008.


$188,100 -- Median price of an existing single family home in July 2012.


6.48% -- Interest rate on a 30-year fixed mortgage in August 2008.


3.60% -- Interest rate on a 30-year fixed mortgage in August 2012.
Vampire pig man since September 2012
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#2
(09-14-2012, 08:39 AM)Camper Wrote: Saw this on CNN this morning, and I have to say I was quite surprised:

http://www.cnn.com/2012/09/13/politics/b...index.html 


(CNN) -- Republican presidential nominee Mitt Romney, channeling Ronald Reagan, asked the American public at the Republican convention, "Are you better off than you were four years ago?"


We put that question to the test and here's what we found - by the numbers:


9.4 million -- Number of people unemployed in August 2008.


12.6 million -- Number of people unemployed in August 2012.


6.1% - U.S. unemployment rate in August 2008.


8.1% - U.S. unemployment rate in August 2012.


3.4 million -- Number of job openings in the U.S. as of July 31, 2008.


3.7 million -- Number of job openings in the U.S. as of July 31, 2012.


1.6 million -- Number of long-term unemployed (jobless for 27 weeks or more) as of August 2008.


5 million -- Number of long-term unemployed (jobless for 27 weeks or more) as of August 2012.

Another round of Stimulus won't create jobs


5.7 million -- Number of people working part-time, involuntarily, in August 2008.


8 million -- Number of people working part-time, involuntarily, in August 2012.


Prices and Finance


$3.96 -- Average price for a gallon of milk in July 2008.


$3.42 -- Average price for a gallon of milk in July 2012.


$4.09 - Average price for a gallon of unleaded gas in July 2008.


$3.45 -- Average price for a gallon of unleaded gas in July 2012.


$16,953 -- The value of 100 shares of Apple stock on August 29, 2008.


$66,524 -- The value of 100 shares of Apple stock on August 31, 2012.


Housing


68.1% -- U.S. homeownership rate as of June 2008.


65.5% -- U.S. homeownership rate as of June 2012.


$196,600 -- Median price of an existing single family home in 2008.


$188,100 -- Median price of an existing single family home in July 2012.


6.48% -- Interest rate on a 30-year fixed mortgage in August 2008.


3.60% -- Interest rate on a 30-year fixed mortgage in August 2012.


Lol I remember someone saying that the average price of gas when GW left office was $1.70 or something like that.

The finance part surprises me slightly, but gas is back up to where it was in 2008 now, and I mean how could the president have affected the milk prices? I think where it matters, we're generally worse off. We all know that 8.1% isn't even close to the true unemployment rate, so that figure itself is misleading.

Which part surprised you though?
1776 or 1984? - You Decide.
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#3
(09-14-2012, 08:43 AM)AK47sForAll Wrote: Lol I remember someone saying that the average price of gas when GW left office was $1.70 or something like that.

The finance part surprises me slightly, but gas is back up to where it was in 2008 now, and I mean how could the president have affected the milk prices? I think where it matters, we're generally worse off. We all know that 8.1% isn't even close to the true unemployment rate, so that figure itself is misleading.

Which part surprised you though?


Gas *was* $1.70 when Bush left office, in January 2009.

Summer of 2008 was when people went APESHIT over the gas prices, but oil hit somewhere around $150 a barrel at that time.  Now, oil is at $99 a barrel and we're still hitting those highs despite crude oil being cheaper now than it was at the barrels high.

What surprised me though, was CNN ran the numbers without paragraphs justifying everything to make Obama look better.
Vampire pig man since September 2012
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#4
(09-14-2012, 08:57 AM)Camper Wrote:
(09-14-2012, 08:43 AM)AK47sForAll Wrote: Lol I remember someone saying that the average price of gas when GW left office was $1.70 or something like that.

The finance part surprises me slightly, but gas is back up to where it was in 2008 now, and I mean how could the president have affected the milk prices? I think where it matters, we're generally worse off. We all know that 8.1% isn't even close to the true unemployment rate, so that figure itself is misleading.

Which part surprised you though?


Gas *was* $1.70 when Bush left office, in January 2009.

Summer of 2008 was when people went APESHIT over the gas prices, but oil hit somewhere around $150 a barrel at that time.  Now, oil is at $99 a barrel and we're still hitting those highs despite crude oil being cheaper now than it was at the barrels high.

What surprised me though, was CNN ran the numbers without paragraphs justifying everything to make Obama look better.


I've found CNN to be...less biased than most of the other MSM outlets in general; they at least usually label their libtard trash as Opinion as it should be. I find most of their articles pretty reasonable.
1776 or 1984? - You Decide.
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#5
The US is on the edge of financial ruin, and the US gov't is overtly arming and legislating for all out war with the American people while simultaneously printing reams of fake money.

AMERICA: FUCK YEAH!!!

Sad
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#6
CNN is using fixed numbers.  Im shocked.

And they wonder why CNN has the lowest ratings in 20 years???
[Image: incubi+INK.jpg]. ABC,CBS,NBC,CNN no diff
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#7
They left a few damning stats out.

Median income in 2008 was 55K.  Now it's 51K

National debt was $10 trillion, now its $16 trillion

31 million on food stamps in 2008, 47 million in 2012.

The world supposedly hated us in 2008 because of Bush.  In response, Obama snubbed our allies and coddled our enemies.  Today, the world is a more dangerous place despite the absence of bin Laden.
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#8
These stats should be posted on every obama article posted on yahoo and other sites all day, every day, by concerned citizens. People actually read those comments. Lots and lots of people.
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#9
Chicken Noodle Network... where all 8 of their viewers answered, "Yes" - they ARE getting more foodstamps than they were four years ago... Confused
The War Wagon, proud to be a member of pa2a.org since Sep 2012. Anim_banana

[Image: won-rev-big-2.jpg]
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#10
Like was mentioned, while some numbers may look better, we are much worse off where it matters.  Also, I think the gas prices are deceptive because of how much they jumped just prior to July 2008.

Personally, I know that my family is much worse off now than in 2008, and that is despite us working very hard to just stay afloat...
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