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Old 05-10-2012, 12:18 PM
 
45,824 posts, read 27,476,737 times
Reputation: 24102

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25 Statistics About The U.S. Economy Barack Obama Does Not Want You To Know

The horrible statistics about the U.S. economy that you are about to read are not talked about much by the mainstream media. They would rather be “positive” and “upbeat” about the direction that things are headed.

But lying to the American people is not going to help them. If you are speeding in a car toward a 500 foot cliff, you don’t need someone to cheer you on. Instead, you need someone to slam on the brakes.

...
#3 Last year, an astounding 53 percent of all U.S. college graduates under the age of 25 were either unemployed or underemployed.

#4 Back in 2007, about 10 percent of all unemployed Americans had been out of work for 52 weeks or longer. Today, that number is above 30 percent.

#5 When Barack Obama first became president, the number of “long-term unemployed workers” in the United States was 2.6 million. Today, it is 5.3 million.

#8 Back in 1950, more than 80 percent of all men in the United States had jobs. Today, less than 65 percent of all men in the United States have jobs.

#9 In 1962, 28 percent of all jobs in America were manufacturing jobs. In 2011, only 9 percent of all jobs in America were manufacturing jobs.

#11 According to one recent survey, approximately one-third of all Americans are not paying their bills on time at this point.

#21 During the first quarter of 2012, U.S. public debt rose by 359.1 billion dollars. U.S. GDP only rose by 142.4 billion dollars.


Read the rest at the link above.
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Old 05-10-2012, 12:20 PM
 
Location: Kentucky Bluegrass
28,989 posts, read 30,417,620 times
Reputation: 19282
Quote:
Originally Posted by DRob4JC View Post
25 Statistics About The U.S. Economy Barack Obama Does Not Want You To Know

The horrible statistics about the U.S. economy that you are about to read are not talked about much by the mainstream media. They would rather be “positive” and “upbeat” about the direction that things are headed.

But lying to the American people is not going to help them. If you are speeding in a car toward a 500 foot cliff, you don’t need someone to cheer you on. Instead, you need someone to slam on the brakes.

...
#3 Last year, an astounding 53 percent of all U.S. college graduates under the age of 25 were either unemployed or underemployed.

#4 Back in 2007, about 10 percent of all unemployed Americans had been out of work for 52 weeks or longer. Today, that number is above 30 percent.

#5 When Barack Obama first became president, the number of “long-term unemployed workers” in the United States was 2.6 million. Today, it is 5.3 million.

#8 Back in 1950, more than 80 percent of all men in the United States had jobs. Today, less than 65 percent of all men in the United States have jobs.

#9 In 1962, 28 percent of all jobs in America were manufacturing jobs. In 2011, only 9 percent of all jobs in America were manufacturing jobs.

#11 According to one recent survey, approximately one-third of all Americans are not paying their bills on time at this point.

#21 During the first quarter of 2012, U.S. public debt rose by 359.1 billion dollars. U.S. GDP only rose by 142.4 billion dollars.

Read the rest at the link above.
when Bush went out of office after 8 years, he left us with a 4 trillion dollar debt. In just four years, Obama has added an additional 6 trillion dollars in debt to that.
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Old 05-10-2012, 12:23 PM
 
Location: Neither here nor there
14,810 posts, read 16,247,434 times
Reputation: 33001
Shocking report but, at the same time, not all that surprising.
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Old 05-10-2012, 12:26 PM
 
749 posts, read 841,278 times
Reputation: 647
Quote:
Originally Posted by DRob4JC View Post
25 Statistics About The U.S. Economy Barack Obama Does Not Want You To Know

The horrible statistics about the U.S. economy that you are about to read are not talked about much by the mainstream media. They would rather be “positive” and “upbeat” about the direction that things are headed.

But lying to the American people is not going to help them. If you are speeding in a car toward a 500 foot cliff, you don’t need someone to cheer you on. Instead, you need someone to slam on the brakes.

...
#3 Last year, an astounding 53 percent of all U.S. college graduates under the age of 25 were either unemployed or underemployed.

#4 Back in 2007, about 10 percent of all unemployed Americans had been out of work for 52 weeks or longer. Today, that number is above 30 percent.

#5 When Barack Obama first became president, the number of “long-term unemployed workers” in the United States was 2.6 million. Today, it is 5.3 million.

#8 Back in 1950, more than 80 percent of all men in the United States had jobs. Today, less than 65 percent of all men in the United States have jobs.

#9 In 1962, 28 percent of all jobs in America were manufacturing jobs. In 2011, only 9 percent of all jobs in America were manufacturing jobs.

#11 According to one recent survey, approximately one-third of all Americans are not paying their bills on time at this point.

#21 During the first quarter of 2012, U.S. public debt rose by 359.1 billion dollars. U.S. GDP only rose by 142.4 billion dollars.


Read the rest at the link above.

Liberal Numbskull: "It's Bush's fault"

Next...
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Old 05-10-2012, 12:26 PM
 
13,186 posts, read 15,016,009 times
Reputation: 4555
Quote:
Originally Posted by cremebrulee View Post
when Bush went out of office after 8 years, he left us with a 4 trillion dollar debt. In just four years, Obama has added an additional 6 trillion dollars in debt to that.
Because the GOP has refused to moderately raise tax rates on the wealthy.

That's the single greatest cause of the deficit. http://ravenbrooks.com/wp-content/up...june_20101.gif

And you and other right wingers refuse still to raise taxes on the wealthy, and only offer drastic to middle class benefits.

Middle class and poor families have got to be out of their mind voting Republican.
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Old 05-10-2012, 12:28 PM
 
Location: San Diego, CA
10,581 posts, read 9,812,005 times
Reputation: 4174
Quote:
Originally Posted by cremebrulee View Post
when Bush went out of office after 8 years, he left us with a 4 trillion dollar debt.
The correct figure is $10.6 trillion.


Quote:
In just four years, Obama has added an additional 6 trillion dollars in debt to that.
The correct figure is $5 trillion.

Debt to the Penny (Daily History Search Application)

Conservatives don't need to lie about the present administration. The truth about them is bad enough.

So stop.
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Old 05-10-2012, 12:32 PM
 
45,824 posts, read 27,476,737 times
Reputation: 24102
Quote:
Originally Posted by padcrasher View Post
Because the GOP has refused to moderately raise tax rates on the wealthy.

That's the single greatest cause of the deficit. http://ravenbrooks.com/wp-content/up...june_20101.gif

And you and other right wingers refuse still to raise taxes on the wealthy, and only offer drastic to middle class benefits.

Middle class and poor families have got to be out of their mind voting Republican.
No way.

You can't have a debt unless you spend money you don't have.

This is all about fiscal irresponsibility at the least, and destroying our financial system at worst.
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Old 05-10-2012, 12:33 PM
 
45,824 posts, read 27,476,737 times
Reputation: 24102
Quote:
Originally Posted by Little-Acorn View Post
The correct figure is $5 trillion.

Debt to the Penny (Daily History Search Application)

Conservatives don't need to lie about the present administration. The truth about them is bad enough.

So stop.
Agreed. This is #23 on the list from the link.
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Old 05-10-2012, 12:43 PM
 
Location: Texas
38,859 posts, read 25,640,804 times
Reputation: 24780
Smile Yolo Hub? Really?

Quote:
Originally Posted by DRob4JC View Post
25 Statistics About The U.S. Economy Barack Obama Does Not Want You To Know

The horrible statistics about the U.S. economy that you are about to read are not talked about much by the mainstream media. They would rather be “positive” and “upbeat” about the direction that things are headed.

But lying to the American people is not going to help them. If you are speeding in a car toward a 500 foot cliff, you don’t need someone to cheer you on. Instead, you need someone to slam on the brakes.

...
#3 Last year, an astounding 53 percent of all U.S. college graduates under the age of 25 were either unemployed or underemployed.

#4 Back in 2007, about 10 percent of all unemployed Americans had been out of work for 52 weeks or longer. Today, that number is above 30 percent.

#5 When Barack Obama first became president, the number of “long-term unemployed workers” in the United States was 2.6 million. Today, it is 5.3 million.

#8 Back in 1950, more than 80 percent of all men in the United States had jobs. Today, less than 65 percent of all men in the United States have jobs.

#9 In 1962, 28 percent of all jobs in America were manufacturing jobs. In 2011, only 9 percent of all jobs in America were manufacturing jobs.

#11 According to one recent survey, approximately one-third of all Americans are not paying their bills on time at this point.

#21 During the first quarter of 2012, U.S. public debt rose by 359.1 billion dollars. U.S. GDP only rose by 142.4 billion dollars.


Read the rest at the link above.

Another "breaking news" headline from that website:

Chinese city to be built in Michigan

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Old 05-10-2012, 01:51 PM
 
Location: Fredericksburg, Va
5,404 posts, read 16,040,823 times
Reputation: 8097
Quote:
Originally Posted by padcrasher View Post
Because the GOP has refused to moderately raise tax rates on the wealthy.

That's the single greatest cause of the deficit. http://ravenbrooks.com/wp-content/up...june_20101.gif

And you and other right wingers refuse still to raise taxes on the wealthy, and only offer drastic to middle class benefits.

Middle class and poor families have got to be out of their mind voting Republican.

That's just nuts! Taking money AWAY from the richer folks will in NO WAY make lower income folks wealthier! It just makes EVERYONE poorer!
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