Obama administration officials pointed to the 56 percent rise in the Dow Jones Industrial Average since January 2009, and rising 401(k) values as evidence that the personal balance sheets of many Americans have improved during his presidency.
The nearly 40 percent drop in median household net worth between 2007 and 2010 the Federal Reserve reported earlier this week was unarguably an arresting statistic. It confirmed for millions what they already knew, that the Great Recession and its aftermath have been a financial setback with few parallels.
New analysis (pdf) of climate data finds that since 1912, the United States has warmed 1.3 degrees. But that warming is concentrated in certain states, some of which have "warmed 60 times faster than the 10 slowest-warming states."
All of that is according to Climate Central, a research and journalism non-profit that seeks to inform the public about climate and energy. The center looked at data from the National Climatic Data Center's U.S. Historical Climatology Network.
If it's true that America now resides smack dab in the middle of an interdependent global village, then we should probably pay attention to what other countries think about us — our values, our leadership and the presidential election of 2012.
Along with saying, again, that his bank "let a lot of people down" when it lost more than $2 billion, JPMorgan Chase CEO Jamie Dimon added this prediction during his testimony before the Senate Banking Committee this morning: