Editor's Note: The following report is excerpted from Jerome Corsi's Red Alert, the premium online newsletter published by the current No. 1 best-selling author, WND staff writer and senior managing director of the Financial Services Group at Gilford Securities.
With a higher unemployment rate, more people on food stamps and soaring U.S. debt, are Americans better off after two years of Barack Obama?
That's the question Jerome Corsi's Red Alert is asking.
A wildly popular e-mail has been circulating on the Internet with the following table, making clear that on a wide variety of economic measures the American public has done poorly during the first two years of the Obama presidency:
According to the chart:
Gasoline today is $3.10 a gallon, but it was $1.83 a gallon in January 2009, when Obama took office as president, a 69.6 percent increase.
Gold has also increased 60 percent, going from $853/ounce in 2009 to almost $1,370/ounce today.
The number of Americans on food stamps has increased from 32 million in 2009 to 43 million today, a 35 percent increase.
The number of long-term unemployed has gone from 2.6 million in 2009 to 6.4 million today, a 146 percent increase.
U.S. debt has gone from $10.627 trillion in January 2009, to $14.052 today, an increase of 32.2 percent.
For more information on America's job crisis, read Jerome Corsi's Red Alert, the premium, online intelligence news source by the WND staff writer, columnist and author of the New York Times No. 1 best-seller, "The Obama Nation."
Red Alert's author, who received a doctorate from Harvard in political science in 1972, is the author of the No. 1 New York Times best-sellers "The Obama Nation" and (with co-author John E. O'Neill) "Unfit for Command." He is also the author of several other books, including "America for Sale," "The Late Great U.S.A." and "Why Israel Can't Wait." In addition to serving as a senior staff reporter for WorldNetDaily, Corsi is a senior managing director in the financial-services group at Gilford Securities.
Disclosure: Gilford Securities, founded in 1979, is a full-service boutique investment firm headquartered in New York City providing an array of financial services to institutional and retail clients, from investment banking and equity research to retirement planning and wealth-management services. The views, opinions, positions or strategies expressed by the author are his alone and do not necessarily reflect Gilford Securities Incorporated's views, opinions, positions or strategies. Gilford Securities Incorporated makes no representations as to accuracy, completeness, currentness, suitability or validity of any information expressed herein and will not be liable for any errors, omissions or delays in this information or any losses, injuries or damages arising from its display or use.
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