These numbers are horrendous. Keep in mind that the Federal Reserve is
owned by the Jewish bankers. Israel is a constant daily drain on the
American treasury to the tune of billions daily. Consider these things
as you read the following. And, if you took the time to read THE EMPEROR
HAS NO CLOTHES, think of some of the positive alternatives that exist
to the things being done to our world that further enrich these people.
Consider all the businesses that could in time replace so much of what
is wrong, the cottage industries that could be created that assist
people, not corporations which then further invest to create more hell
on earth.
No matter how you look at it, 2012 is upon us and there must be change... People have been starting to awaken in small batches. Keep at it people, keep at them...
December
15, 2011
Even though most Americans have become very frustrated with this
economy, the reality is that the vast majority of them still have no idea just
how bad our economic decline has been or
how much trouble we are going to be in if we don’t make dramatic changes
immediately.
If we do not educate the American people about how deathly ill
the U.S. economy has become, then they will just keep falling for the same old
lies that our politicians keep telling them. Just “tweaking” things here
and there is not going to fix this economy.
We truly do need a fundamental change in direction.
America is consuming far more wealth than it is producing and our debt is
absolutely exploding. If we stay on this current path, an economic collapse is
inevitable. Hopefully the crazy economic numbers from 2011 that I have
included in this article will be shocking enough to wake some people up.
At this time of the year, a lot of families get together, and in
most homes the conversation usually gets around to politics at some
point. Hopefully many of you will use the list below as a tool to help
you share the reality of the U.S. economic crisis with your family and
friends. If we all work together, hopefully we can get millions of people
to wake up and realize that “business as usual” will result in a national economic apocalypse.
The following are 50 economic numbers from 2011 that are almost
too crazy to believe….
#1 A
staggering 48 percent
of
all Americans are either considered to be “low income” or are living in
poverty.
#2
Approximately 57 percent of all
children in the United States are living
in homes that are either considered to be “low income” or impoverished.
#3 If the
number of Americans that “wanted jobs” was the same today as it was back in
2007, the “official” unemployment
rate put out by the U.S. government would be up to 11 percent.
#4 The average
amount of time that a worker stays unemployed in the United States is now over 40 weeks.
#5 One recent
survey found that 77 percent of all U.S.
small businesses do not plan to hire any more workers.
#6 There are
fewer payroll jobs in the United States today than
there were back in 2000 even though we have added 30
million extra people to the population since then.
#7 Since
December 2007, median household income in the United States has declined by a
total of 6.8% once you
account for inflation.
#8 According
to the Bureau
of Labor Statistics, 16.6 million Americans were self-employed back
in December 2006. Today, that number has shrunk to 14.5
million.
#9 A Gallup
poll from earlier this year found that approximately one out of every five Americans
that do have a job consider themselves to be underemployed.
#10 According
to author Paul Osterman, about 20 percent
of
all U.S. adults are currently working jobs that pay poverty-level wages.
#11 Back in
1980, less than 30%
of
all jobs in the United States were low income jobs. Today, more than 40%
of
all jobs in the United States are low income jobs.
#12 Back in
1969, 95 percent of all men between the ages of 25 and 54 had a job. In
July, only 81.2 percent
of
men in that age group had a job.
#13 One recent
survey found that one out of every three Americans would not
be able to make a mortgage or rent payment next month if they suddenly lost
their current job.
#14 The Federal Reserve recently
announced that the total net worth of U.S. households declined by 4.1 percent in the 3rd
quarter of 2011 alone.
#15 According
to a recent study conducted by the BlackRock Investment Institute, the ratio of
household debt to personal income in the United States is now 154 percent.
#16 As the
economy has slowed down, so has the number of marriages. According to a
Pew Research Center analysis, only 51 percent of all
Americans that are at least 18 years old are currently married. Back in
1960, 72 percent of all U.S.
adults were married.
#18 In
Stockton, California home prices have declined 64 percent
from
where they were at when the housing market peaked.
#21 According
to the U.S. Census Bureau, 18 percent
of
all homes in the state of Florida are sitting vacant. That figure is 63
percent larger than it was just ten years ago.
#22 New home
construction in the United States is on pace to set a brand new all-time record low in 2011.
#23 As I have
written about previously, 19 percent
of all American men between the ages of 25 and 34 are now living with their
parents.
#24 Electricity
bills in the United States have risen faster than the overall rate of inflation
for
five years in a row.
#25 According
to the Bureau of Economic Analysis, health care costs accounted for just 9.5%
of all personal consumption back in 1980. Today they account for
approximately 16.3%.
.
#26 One study
found that approximately
41 percent of all working age Americans either have medical bill problems
or are currently paying off medical debt.
#28 The United
States spends about 4
dollars on goods and services from China for every one dollar that
China spends on goods and services from the United States.
#30 The retirement
crisis in the United States just continues to get worse.
According to the Employee Benefit Research Institute, 46 percent of all
American workers have less than $10,000 saved for retirement, and 29 percent of all
American workers have less than $1,000 saved for retirement.
#32 According
to a study that was just released, CEO pay at America’s biggest companies rose
by 36.5% in just one
recent 12 month period.
#33 Today, the
“too big to
fail” banks are larger than ever. The total assets of the six
largest U.S. banks increased by 39 percent between
September 30, 2006 and September 30, 2011.
#34 The six
heirs of Wal-Mart founder Sam Walton have a net worth that is roughly equal to
the bottom 30
percent of all Americans combined.
#35 According
to an analysis of Census Bureau data done by the Pew Research Center, the
median net worth for households led by someone 65 years of age or older is 47
times greater than the median net worth for households led by someone under
the age of 35.
#36 If you can
believe it, 37 percent of all U.S.
households that are led by someone under the age of 35 have a net worth of zero
or less than zero.
#37 A higher
percentage of Americans is living in extreme
poverty (6.7%) than has ever been measured before.
#39 Since 2007,
the number of children living in poverty in the state of California has
increased by 30 percent.
#40 Sadly, child poverty is
absolutely exploding all over America. According to the National Center
for Children in Poverty, 36.4% of all
children that live in Philadelphia are living in poverty, 40.1% of all
children that live in Atlanta are living in poverty, 52.6% of all
children that live in Cleveland are living in poverty and 53.6% of all
children that live in Detroit are living in poverty.
#41 Today, one
out of every seven Americans is on food stamps and one out of every four American
children is on food stamps.
#42 In 1980,
government transfer payments accounted for just 11.7% of all
income. Today, government transfer payments account for more
than 18 percent of all income.
#43 A
staggering 48.5% of all
Americans live in a household that receives some form of government
benefits. Back in 1983, that number was below 30 percent.
#44 Right now,
spending by the federal
government accounts for about 24 percent of
GDP. Back in 2001, it accounted for just 18 percent.
#45 For fiscal
year 2011, the U.S. federal
government had a budget deficit of nearly
1.3 trillion dollars. That was the third year in a row that
our budget deficit has topped one trillion dollars.
#46 If Bill
Gates gave every single penny of his fortune to the U.S. government, it would
only cover the U.S. budget deficit for about 15
days.
#47 Amazingly,
the U.S. government has now accumulated a total debt of 15 trillion dollars. When
Barack Obama first took office the
national debt was just 10.6 trillion dollars.
#48 If the
federal government began right at this moment to repay the U.S. national debt
at a rate of one dollar per second, it would take over
440,000 years to pay off the national debt.
#49 The U.S.
national debt has been increasing by an average of more than 4 billion dollars per day since the
beginning of the Obama administration.
#50 During the Obama administration, the U.S.
government has accumulated more debt than it did from the time that George Washington took office
to the time that Bill Clinton took office.
The Federal Reserve is a perpetual debt machine, it has almost
completely destroyed the value of the U.S. dollar and it has an absolutely
nightmarish track record of incompetence.
If the Federal Reserve
system had never been created, the U.S. economy would be in far better
shape.
The federal government needs to shut
down the Federal Reserve and start issuing currency that is
not debt-based.
That would be a very significant step toward restoring
prosperity to America.
During 2011 we made a lot of progress in educating the American
people about our economic problems, but we still have a long way to go.
Hopefully next year more Americans than ever will wake up,
because 2012 is going to represent a huge turning point for this country.
Run your cursor over the states on the interactive map below to see how things fare where you live.
Budget Planner - Mint.com
Run your cursor over the states on the interactive map below to see how things fare where you live.
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