** ** COLLAPSE: Count on it.....****
This information from zerohedge.....there is much more information **** at the link....**** ** ** http://www.zerohedge. **** ** ** I cherry picked the bullet points **** for this post.**** ** ** ** ** ** ** #1 According to the World Bank, U.S. GDP accounted for 31.8 percent **** of all global economic activity in 2001. That number dropped to 21.6 **** percent in 2011.**** ** ** #2 The United States was once ranked #1 in the world in GDP per capita.** ** Today we have slipped to #14**** .**** ** ** #3 The United States has fallen in the global economic **** competitiveness rankings compiled by the World Economic Forum for four years in a row.**** ** ** #4 Since the year 2000, the size of the U.S. national debt has grown **** by more than 11 trillion dollars.**** ** ** #5 Back in the year 2000, our trade deficit with China was 83 **** billion dollars. Last year, it was 315 billion dollars.**** ** ** #6 In the year 2000, about 17 million Americans were employed in **** manufacturing. Today, only about 12 million Americans are employed in **** manufacturing.**** ** ** #7 The United States has lost more than 56,000 manufacturing **** facilities since 2001.**** ** ** #8 The United States has lost a staggering 32 percent of its **** manufacturing jobs since the year 2000.**** ** ** #9 Between December 2000 and December 2010, 38 percent of the **** manufacturing jobs in Ohio were lost, 42 percent of the manufacturing **** jobs in North Carolina were lost and 48 percent of the manufacturing **** jobs in Michigan were lost.**** ** ** #10 Back in 1998, the United States had 25 percent of the world’s **** high-tech export market and China had just 10 percent. Today, **** China’s high-tech exports are more than twice the size of U.S. **** high-tech exports.**** ** ** #11 In 2002, the United States had a trade deficit in "advanced **** technology products" of $16 billion with the rest of the world. In **** 2010, that number skyrocketed to $82 billion.**** ** ** #12 The United States has lost more than a quarter of all of its **** high-tech manufacturing jobs since the year 2000.**** ** ** #13 The number of full-time workers in the United States is nearly 6 **** million below the old record that was set back in 2007.**** ** ** #14 The average duration of unemployment in the United States is **** nearly three times as long as it was back in the year 2000.**** ** ** #15 Throughout the year 2000, more than 64 percent of all working **** age Americans had a job. Today, only 58.7 percent of all working age **** Americans have a job.**** ** ** #16 The official unemployment rate has been at 7.5 percent or higher **** for**** 54 months in a row. That is the longest stretch in U.S. history.**** ** ** #17 The U.S. government says that the number of Americans "not in **** the labor force" rose by 17.9 million between 2000 and 2011. During **** the entire decade of the 1980s, the number of Americans "not in the **** labor force" rose by only 1.7 million.**** ** ** #18 The average number of hours worked per employed person per year **** has fallen by about 100 since the year 2000.**** ** ** #19 The U.S. economy continues to trade good paying jobs for low **** paying jobs. 60 percent of the jobs lost during the last recession **** were mid-wage jobs, but 58 percent of the jobs created since then have **** been low wage jobs.**** ** ** #20 The U.S. economy lost more than 220,000 small businesses during **** the recent recession.**** ** ** #21 The percentage of Americans that are self-employed has steadily **** declined over the past decade and is now at an all-time low.**** ** ** #22 According to economist Tim Kane, the following is how the number **** of startup jobs per 1000 Americans breaks down by presidential **** administration...**** ** ** Bush Sr.: 11.3**** ** ** Clinton: 11.2**** ** ** Bush Jr.: 10.8**** ** ** Obama: 7.8**** ** ** #23 In the year 2000, there were only 17 million Americans on food **** stamps. Today, there are more than 47 million Americans on food stamps.**** ** ** #24 In the year 2000, the ratio of social welfare benefits to **** salaries and wages was approximately 21 percent. Today, the ratio of **** social welfare benefits to salaries and wages is approximately 35 percent.* *** ** ** #25 Since Barack Obama entered the White House, the average price of **** a gallon of gasoline in the United States has risen from $1.85 to $3.64.*** * ** ** #26 More than twice as many new homes were sold in the United States **** in**** 2005 as will be sold in 2013.**** ** ** #27 Right now there are 20.2 million Americans that spend more than **** half of their incomes on housing. That represents a 46 percent **** increase from 2001.**** ** ** #28 The price of ground beef increased by 61 percent between 2002 **** and 2012.**** ** ** #29 According to USA Today, water bills have actually tripled over **** the past 12 years in some areas of the country.**** ** ** #30 In 1999, 64.1 percent of all Americans were covered by **** employment-based health insurance. Today, only 55.1 percent are **** covered by employment-based health insurance.**** ** ** #31 Median household income in the United States has fallen for four **** years in a row.**** ** ** #32 As I mentioned recently, the homeownership rate in America is **** now at its lowest level in nearly 18 years.**** ** ** #33 Back in the year 2000, the mortgage delinquency rate was about 2 **** percent. Today, it is nearly 10 percent.**** ** ** #34 Median household income for families with children dropped by a **** whopping $6,300 between 2001 and 2011.**** ** ** #35 Back in 2007, about 28 percent of all working families were **** considered to be among "the working poor". Today, that number is up to**** 32 percent even though our politicians tell us that the economy is **** supposedly recovering.**** ** ** #36 According to the Federal Reserve, the median net worth of **** families in the United States declined "from $126,400 in 2007 to **** $77,300 in 2010".**** ** ** #37 According to the New York Times, the average debt burden for U.S.**** households that earn $20,000 a year or less "more than doubled to**** $26,000 between 2001 and 2010".**** ** ** #38 Medicare spending increased by 138 percent between 1999 and 2010.**** ** ** #39 During Obama's first term, the federal government accumulated **** more debt than it did under the first 42 U.S presidents combined.**** ** ** #40 Today, more than a million public school students in the United **** States are homeless. This is the first time that has ever happened in **** our history. That number has risen by 57 percent since the 2006-2007 **** school year.**** ** ** __._, __,_._,___ -- -- Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. --- You received this message because you are subscribed to the Google Groups "PoliticalForum" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/groups/opt_out.
