Are Things Better Now?

It should surprise no one that the GOP is returning to their tried-and-untrue playbook to help out in this election cycle.  It has been long understood that Mr. Romney and Mr. Ryan want cut taxes, cut spending (except for the military) and roll-back government regulations. But now they are going back to the Gipper’s “Are we better off than we were four years ago?”   I did a quick Google.com/Bing.com search for September 2008 headlines and here is a sampling of what I found.

Financial Headlines from 4 Years Ago

September 2008

09.02.08 More weak data likely  (LA Times)
09.04.08 U.S. bankruptcy filing rate jumps (LA Times)
09.05.08 Ex-GOP lobbyist Abramoff sentenced to 4 years in prison (LA Times)
09.06.08 U.S. home woes mount (LA Times)
09.07.08 How Safe Is Your Bank? (LA Times)
09.08.08 U.S. seizes mortgage titans in multibillion-dollar rescue (LA Times)
09.10.08 Lehman fears sink Wall Street (LA Times)
09.11.08 Lehman posts $3.9-billion loss, moves to shore up books (LA Times)
09.12.08 WaMu plans another huge write-down (LA Times)
09.13.08 If Lehman fails, would you feel it? (LA Times)
09.14.08 Lehman Files for Bankruptcy; Merrill Is Sold (NY Times)
09.15.08 Wall St.’s Turmoil Sends Stocks Reeling (NY Times)
09.15.08 New York Allows A.I.G. to Lend Itself Money (NY Times)
09.16.08 Fed’s $85 Billion Loan Rescues Insurer (NY Times)
09.24.08 President Bush’s Speech to the Nation on the Economic Crisis (NY Times)
09.25.08 Talks Implode During a Day of Chaos; Fate of Bailout Plan Remains Unresolved
09.25.08 Government Seizes WaMu and Sells Some Assets (NY Times)
09.29.08 For Stocks, Worst Single-Day Drop in Two Decades (NY Times)
09.30.08 Republican Party, Having Brought You the Meltdown, Now Blames Obama (NY Times)

So go on, ask yourself, are we better off than we were four years ago?

US Drought Monitor

Drought map shows widespread intensification over central United States

Jul 26, 2012

The July 24 U.S. Drought Monitor showed widespread intensification of drought through the middle of the country, according to the National Drought Mitigation Center at the University of Nebraska-Lincoln. The map also set a record for the fourth straight week for the area in moderate drought or worse in the 12-year history of the U.S. Drought Monitor.

The July 24 map put 53.44 percent of the United States and Puerto Rico in moderate drought or worse, up from 53.17 percent the week before; 38.11 percent in severe drought or worse, compared with 35.32 a week earlier; 17.2 percent in extreme drought or worse, compared with 11.32 percent the week before; and 1.99 percent in exceptional drought, up from .83 percent the preceding week.

“We’ve seen tremendous intensification of drought through Illinois, Iowa, Missouri, Indiana, Arkansas, Kansa and Nebraska, and into part of Wyoming and South Dakota in the last week,” said Brian Fuchs, a climatologist and U.S. Drought Monitor author. “The amount of D3 developing  in the country has increased  quite a bit for each of the last several weeks.”

Fuchs also noted that as of the July 24 U.S. Drought Monitor, every state in the country had at least a small area shown as abnormally dry or worse. “It’s such a broad footprint,” he said.

 “This drought is two-pronged,” Fuchs said. “Not only the dryness but the heat is playing a big and important role. Even areas that have picked up rain are still suffering because of the heat.”

The forecast for most of the drought-affected area is for drought to continue to develop and intensify. “Conditions are likely to persist,” Fuchs said. “We’ll see further development and intensification into the fall.” Fuchs based his assessment on the Seasonal Drought Outlook released July 19.

The U.S. Drought Monitor map is jointly produced by the National Drought Mitigation Center at the University of Nebraska-Lincoln, the National Oceanic and Atmospheric Administration, the U.S. Department of Agriculture, and about 350 drought observers across the country. It is released each Thursday based on data through the previous Tuesday.

Drought Monitor authors synthesize many drought indicators into a single map that identifies areas of the country that are abnormally dry (D0), in moderate drought (D1), in severe drought (D2), extreme drought (D3) and exceptional drought (D4).

Statistics for the percent area in each category of drought are automatically added to the U.S. Drought Monitor website each week for the entire country and Puerto Rico, for the 48 contiguous states, for each climate region, and for individual states: http://drought.unl.edu/MonitoringTools/USDroughtMonitor/DroughtMonitorTips.aspx

The National Climatic Data Center maintains drought data based on the Palmer Drought Severity Index, calculated to the beginning of the historic record:http://www1.ncdc.noaa.gov/pub/data/cmb/sotc/drought/2012/06/uspctarea-wetdry-mod.txt

U.S. Drought Monitor: http://droughtmonitor.unl.edu

Seasonal Drought Outlook: http://www.cpc.ncep.noaa.gov/products/expert_assessment/seasonal_drought.html

-- Kelly Helm Smith, National Drought Mitigation Center