Graph of the Day for October 23, 2009

Randall Hoven
"By any measure, my administration has inherited a fiscal disaster."
President Barack Obama.  




Source:  Bureau of Labor Statistics.    US Senate


Hoven's Index for October 23, 2009


Selected statistics at the end of 2006 (last year Republicans controlled both houses of Congress):

Unemployment rate:  4.4%.

Previous year of GDP growth: +2.4%.

Previous year of job growth:  +1.6%.

S&P 500: 1418.


Same statistics, most recently (after almost 3 years of Democrats controlling both houses of Congress):

Unemployment rate:  9.8%.

Previous year of GDP growth: -3.8%.

Previous year of job growth:  -4.2%.

S&P 500: 1080.


Sources:  Bureau of Labor Statistics,  St. Louis Fed/FRED (GDPC96 and PAYEMS series), Yahoo Finance.
"By any measure, my administration has inherited a fiscal disaster."
President Barack Obama.  




Source:  Bureau of Labor Statistics.    US Senate


Hoven's Index for October 23, 2009


Selected statistics at the end of 2006 (last year Republicans controlled both houses of Congress):

Unemployment rate:  4.4%.

Previous year of GDP growth: +2.4%.

Previous year of job growth:  +1.6%.

S&P 500: 1418.


Same statistics, most recently (after almost 3 years of Democrats controlling both houses of Congress):

Unemployment rate:  9.8%.

Previous year of GDP growth: -3.8%.

Previous year of job growth:  -4.2%.

S&P 500: 1080.


Sources:  Bureau of Labor Statistics,  St. Louis Fed/FRED (GDPC96 and PAYEMS series), Yahoo Finance.