75 econmic figures from 2012

[+OverSword]

#1 In December 2008, 31.6 million Americans were on food stamps. Today, a new all-time record of 47.7 million Americans are on food stamps. That number has increased by more than 50 percent over the past four years, and yet the mainstream media still has the gall to insist that "things are getting better".

#2 Back in the 1970s, about one out of every 50 Americans was on food stamps. Today, about one out of every 6.5 Americans is on food stamps.

#3 According to one calculation, the number of Americans on food stamps now exceeds the combined populations of "Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming."

#4 According to one recent survey, 55 percent of all Americans have received money from a safety net program run by the federal government at some point in their lives.

#5 For the first time ever, more than a million public school students in the United States are homeless. That number has risen by 57 percent since the 2006-2007 school year.

#6 Median household income in the U.S. has fallen for four consecutive years. Overall, it has declined by over $4000 during that time span.

#7 Families that have a head of household under the age of 30 have a poverty rate of 37 percent.

#8 The percentage of working age Americans with a job has been under 59 percent for 39 months in a row.

#9 In September 2009, during the depths of the last economic crisis, 58.7 percent of all working age Americans were employed. In November 2012, 58.7 percent of all working age Americans were employed. It is more then 3 years later, and we are in the exact same place.

#10 When you total up all working age Americans that do not have a job in America today, it comes to more than 100 million.

#11 According to one recent survey, 55 percent of all small business owners in America "say they would not start a business today given what they know now and in the current environment."

#12 The number of jobs at new small businesses continues to decline. According to economist Tim Kane, the following is how the decline in 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

#13 The U.S. share of global GDP has fallen from 31.8 percent in 2001 to 21.6 percent in 2011.

#14 The United States has fallen in the global economic competitiveness rankings compiled by the World Economic Forum for four years in a row.

#15 There are four major U.S. banks that each have more than 40 trillion dollars of exposure to derivatives.

#16 In 2000, there were more than 17 million Americans working in manufacturing, but now there are less than 12 million.

Full list here:

http://theeconomiccollapseblog.com/archives/75-economic-numbers-from-2012-that-are-almost-too-crazy-to-believe

[F3SS]

Something about this article reminded me of this guy. I think he deserves some blame here. Until right now I never realized how laughably irresponsible this guy is.

Edited December 21, 2012 by -Mr_Fess-

[Gromdor]

Sadly, these numbers were no surprise to me. And as for Matthew Lesko, he made millions the typical way corportations do these days. Privatize the profits and socialize the costs. He was just more blatant about the socializing the costs part.

[AsteroidX]

Id add mine but basically at the end it added up to 5$. Im just waiting for my health care fine to come in the mail cause I aint got none/ Hahah

[supervike]

Egads, I had forgotten about that Lesko guy....

[RavenHawk]

#3 According to one calculation, the number of Americans on food stamps now exceeds the combined populations of "Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming."

What would be more interesting is where that population resides.

[Gromdor]

Google, "Where does the 47% live".

[RavenHawk]

Google, "Where does the 47% live".

The question is where do those on food stamps live, not where do the 47% that do not pay taxes live?

[AsteroidX]

Food Stamps is actually a good way to distribute food. It also helps hunger.

[lightly]

Consumerism is king ... as long as the money gets spent, or borrowed, the SYSTEM pro$pers.

[Gromdor]

Eh, for just food stamps google "food stamp usage by state". It's very similar to the 47% breakdown oddly enough.

[+DieChecker]

#1 In December 2008, 31.6 million Americans were on food stamps. Today, a new all-time record of 47.7 million Americans are on food stamps. That number has increased by more than 50 percent over the past four years, and yet the mainstream media still has the gall to insist that "things are getting better".

#2 Back in the 1970s, about one out of every 50 Americans was on food stamps. Today, about one out of every 6.5 Americans is on food stamps.

#3 According to one calculation, the number of Americans on food stamps now exceeds the combined populations of "Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming."

#4 According to one recent survey, 55 percent of all Americans have received money from a safety net program run by the federal government at some point in their lives.

#5 For the first time ever, more than a million public school students in the United States are homeless. That number has risen by 57 percent since the 2006-2007 school year.

#6 Median household income in the U.S. has fallen for four consecutive years. Overall, it has declined by over $4000 during that time span.

#7 Families that have a head of household under the age of 30 have a poverty rate of 37 percent.

#8 The percentage of working age Americans with a job has been under 59 percent for 39 months in a row.

#9 In September 2009, during the depths of the last economic crisis, 58.7 percent of all working age Americans were employed. In November 2012, 58.7 percent of all working age Americans were employed. It is more then 3 years later, and we are in the exact same place.

#10 When you total up all working age Americans that do not have a job in America today, it comes to more than 100 million.

#11 According to one recent survey, 55 percent of all small business owners in America "say they would not start a business today given what they know now and in the current environment."

#12 The number of jobs at new small businesses continues to decline. According to economist Tim Kane, the following is how the decline in 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

#13 The U.S. share of global GDP has fallen from 31.8 percent in 2001 to 21.6 percent in 2011.

#14 The United States has fallen in the global economic competitiveness rankings compiled by the World Economic Forum for four years in a row.

#15 There are four major U.S. banks that each have more than 40 trillion dollars of exposure to derivatives.

#16 In 2000, there were more than 17 million Americans working in manufacturing, but now there are less than 12 million.

Full list here:

http://theeconomicco...razy-to-believe

I think I pointed out a lot of these several weeks before the Election and people kept saying... "Nope, it be better now. It is all Bush's fault. Tax the Rich. Obama = Good" and you can't forget... "He's just getting started...."

[+DieChecker]

Today in the news...

The Social Security Administration also released new data revealing that the number of workers collecting disability benefits hit a record 8,827,795 in December--up from 8,805,353 in November.

The overall number of Social Security program beneficiaries—including retired workers, dependent family members and survivors and disabled workers and their dependent family members—also hit a record in December, climbing from 56,658,978 in November to 56,758,185 in December.

http://cnsnews.com/n...record-december

There are 57 MILLION RETIRED PEOPLE. Or at least 57 people collecting retirement payments... In a nation of 315 million that is getting close to 20% of the population.

So.......... I guess that is Better, right? More Retired people = Good, right? Not for the Deficit it does not.

I thought people were supposedly holding off on retirement? Does that mean then in a few years people will begin to retire in even Faster numbers??

Edited December 27, 2012 by DieChecker

[ninjadude]

They are retiring because they can't find a job.

[docyabut2]

The baby boomers.

[ninjadude]

The baby boomers.

The baby boomers were factored into SS decades ago.

[Dredimus]

They are retiring because they can't find a job.

If you are "retiring" you already have a job.

[ninjadude]

If you are "retiring" you already have a job.

had. A lot of over 50's get "laid off", can't find a job, and decide to "retire". Using whatever means they can. Of course there are morally bankrupt companies that target over 50's for termination and try every dirty trick possible to get rid of them and not pay anything in the future - Pension plans dissolved and moved into the stock market for instance. A lot of companies that practice age discrimination and won't hire over 50.