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#1 Ten years ago, the United States was ranked number one in average wealth per adult. In 2010, the United States has fallen to seventh.
#2 The United States has lost approximately 42,400 factories since 2001. Approximately 75 percent of those factories employed at least 500 workers while they were still in operation.
#3 Since the Federal Reserve was created in 1913, the U.S. dollar has lost over 95 percent of its purchasing power.
#4 In 2001, the United States ranked fourth in the world in per capita broadband Internet use. Today it ranks 15th.
#5 The economy of India is projected to become larger than the U.S. economy by the year 2050.
#6 One prominent economist now says that the Chinese economy will be three times larger than the U.S. economy by the year 2040.
#7 According to a new study conducted by Thomson Reuters, China could become the global leader in patent filings by next year.
#8 The United States once had the highest proportion of young adults with post-secondary degrees in the world. Today, the U.S. has fallen to 12th.
#9 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.
#10 Manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975.
#11 In 1959, manufacturing represented 28 percent of all U.S. economic output. In 2008, it represented only 11.5 percent.
#12 The television manufacturing industry began in the United States. So how many televisions are manufactured in the United States today? According to Princeton University economist Alan S. Blinder, the grand total is zero.
#13 As of the end of 2009, less than 12 million Americans worked in manufacturing. The last time that less than 12 million Americans were employed in manufacturing was in 1941.
#14 Back in 1980, the United States imported approximately 37 percent of the oil that we use. Now we import nearly 60 percent of the oil that we use.
#15 The U.S. trade deficit is running about 40 or 50 billion dollars a month in 2010. That means that by the end of the year approximately half a trillion dollars (or more) will have left the United States for good.
#16 Between 2000 and 2009, America’s trade deficit with China increased nearly 300 percent.
#17 Today, the United States spends approximately $3.90 on Chinese goods for every $1 that China spends on goods from the United States.
#18 According to a new study conducted by the Economic Policy Institute, if the U.S. trade deficit with China continues to increase at its current rate, the U.S. economy will lose over half a million jobs this year alone.
#19 American 15-year-olds do not even rank in the top half of all advanced nations when it comes to math or science literacy.
#20 Median household income in the U.S. declined from $51,726 in 2008 to $50,221 in 2009. That was the second yearly decline in a row.
#21 The United States has the third worst poverty rate among the advanced nations tracked by the Organization for Economic Cooperation and Development.
#22 In the 2009 “prosperity index” published by the Legatum Institute, the United States was ranked as just the ninth most prosperous country in the world. That was down five places from 2008.
#23 U.S. government spending as a percentage of GDP is now up to approximately 36 percent.
#24 The Congressional Budget Office is projecting that U.S. government public debt will hit 716 percent of GDP by the year 2080.
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#25 The United States has the largest prison population and the highest rate of incarceration in the world. The U.S. incarceration rate of 737 per 100,000 people."
They should say we are very sorry we left you with a budget that has 70% of the spending on autopilot with annuall increases and an entitlements system that is demographically impossible to sustain. But thanks for all the perks while we were alive!
The United States has been in a long term decline since the 1960s. This isn't anything new that suddenly happened in the past 10-15 years.
But according to Strauss and Howe, the G.I. Generation, also called the Greatest Generation, born from 1904-1925, came of age during the Great Depression and fought in WWII, and rebuilt society in the 1940s.
Now, the new Civic generation are the Millennials, ages 8-32, the Mills are now coming of age during the Great Recession and concerns of war and high oil prices. When the time comes, the Mills will also rebuild society according to their view and fight in the next major that may occur.
You can many similarities, both generational cohorts are coming of age during an economic crisis, and during a time of concerns about wars.
The Heros are raised as increasingly protected youth following the spiritual event and come of age during the secular event. Theirs is the role of pillar of society. They become powerful midlifers and develop society in their image and build its institutions. As elders they come under attack by the midlife Idealist after the next spiritual event. Personality: good youth, confident elders, grand, powerful, rational and competent but maybe insensitive.
Examples:
Colonial Cycle (Glorious): Cotton Mather cohorts: "King" Carter, William Randolph
Revolutionary Cycle (Republican): Many of Nathan Hale's contemporary civics, who came of age during the American Revolution, went on to found a great democracy and erected the institutions upon which it stood. When he gave his life for the public good, spying behind British lines, legend says he told his captors he regretted having only one life to give. This young Yale graduate made a difference, even though he died at the tender age of 21. cohorts: Thomas Jefferson, James Madison, Robert Fulton
The United States has been in a long term decline since the 1960s. This isn't anything new that suddenly happened in the past 10-15 years.
But according to Strauss and Howe, the Millennial generation (those aged 8-31) are the new Civic generation. When the time comes, the Mills will rebuild society and its institutions according to their view and possibly fight in the next major war that may occur. The last Civic generation was the G.I. Generation, also called the Greatest Generation, born from 1904-1925, they came of age during the Great Depression and fought in WWII, and rebuilt society in the 1940s.
You can many similarities, both generational cohorts are coming of age during an economic crisis, and during a time of concerns about wars.
A S&H fan woo hoo!
Scroll down to March 7, it is an interview with Neil Howe that I helped put together for a friend of mine who is the radio host. Howe is great! It starts about 25 mins in I think.
Scroll down to March 7, it is an interview with Neil Howe that I helped put together for a friend of mine who is the radio host. Howe is great! It starts about 25 mins in I think.
I have a problem with calling them the "Greatest Generation" the most "Materialistic Generation" would be more like it.
I think that's describing Boomers more than the Greatest Generation.
The Greatest Generation grew up during the Great Depression and were a generation of deprivation.
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