The truly depressing nature of what has become of America is captured in The Top 100 Statistics About The Collapse Of The Economy That Every American Voter Should Know.
Here are a few:
#100 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.
#91 In 1980, government transfer payments accounted for just 11.7% of all income. Today, government transfer payments account for 18.4% of all income.
#84 An all-time record 49.9 million Americans do not have any health insurance at all at this point, and the percentage of Americans covered by employer-based health plans has fallen for 11 years in a row.
#81 The cost of college tuition in the United States has gone up by over 900 percent since 1978.
#42 The all-time record for fewest number of new homes sold in the United States was broken in 2009. Then it was broken again in 2010. It is on pace to be broken once again in 2011.
#21 The number of Americans on food stamps has increased 74% since 2007.
#6 According to one recent poll, 90 percent of the American people believe that economic conditions in the United States are “poor”. To put this in perspective, only 11 percent of Americans rated economic conditions in the U.S. as “poor” back in January of 1999.
#3 The Federal Reserve made $16.1 trillion in secret loans to their friends during the last financial crisis.
These are not necessarily the worst ones, just a quick few.
The country is getting poorer and what we are experiencing is not temporary. Nor are most of these trends sustainable for much longer. Get ready for major adjustments!
