November 8, 2012
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Will We Be Better Off? (we shall see)
Yesterday I went to the grocery store and made note of some prices. I also noted the price of fuel on the way home. I took some details down from the internet about the market and unemployment. I then decided that I will track these things over time and see if we really are better off. Then I came upon this cartoon today.

So here are my own personal figures to track:
DOW - 12,932.72
APPL - $573.84
KMP - $82.55
KMI - $34.16
ACI - $7.50
I chose the stocks I did because Apple seems to be the hottest stock in the tech world and we'll see how it fares with it's overseas production etc. KMP and KMI is the paycheck provider. ACI is the second largest coal company in the US. I decided to track it to see how the "We're gonna put coal out of business" attitude of this administration affects it.
Unleaded gas (an average of the three closest stations to me) - $3.07/gallon
Diesel - $3.79/gallon
Cost of electricity (on a fixed rate with TXU, no contract) - 9.3¢/kwh
Bread (Mrs Bairds 16 oz. whole wheat) - $2.49
Milk (Kroger brand whole milk) - $3.58
Kellogg's Corn Flakes (12 oz box) - $2.99
Bananas (From the Honduras) - 49¢/lb.
Cheerios (18 oz. box) - $4.35
Folgers Classic Roast Coffee (34.5 oz can) - $9.99
Starbucks Whole Bean Coffee (Breakfast Blend Med Roast 12 oz) - $8.99
Land O Lakes Butter (unsalted) - $3.89/lb
All the meat I priced is celo-wrapped in the store. Not from the butcher's case (more expensive) and unless noted is just the generic "offered by the store" brand
All Natural Strip Steak (not organic but "natural" Nolan Ryan Beef) - $11.99/lb
Round Steak (family pack) - $4.49/lb
80% lean Kroger tube packed ground beef (5 lb. tube) - $2.73/lb
Center-cut pork chops - $3.99/lb
Pilgrim Whole Chicken - $1.49/lb
Bounty paper towels (single roll) - $1.99
Charmin toilet paper (4 double rolls 176 sheets per roll) - $3.99
National Debt. $16,200,000,000,000. That would be $16.2 Trillion dollars and climbing rapidly. Which bring each citizen's share of the debt to approximately $51,686.60 (via National Debt Clock)
Unemployment Avg. for the month of October was 8.1
I chose to use October's average because the Bureau of Labor Statistics said the Nov. weekly figure was not accurate due to the effects of Hurricane Sandy and the recovery there.
As far as predictions I have only one definite. I can guarantee that nothing, NOTHING bad will ever be Obama's fault and anything good that happens will always be because of him.
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Comments (1)
Here is an interesting chart -- http://www.nytimes.com/interactive/2012/11/08/us/politics/obama-was-not-as-strong-as-in-2008-but-strong-enough.html
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