6 Economic Stats That Will Make You Wanna Cry

[yota691]

6 Economic Stats That Will Make You Wanna Cry 1. 101 Million Food Aid Recipients

"The number of Americans receiving subsidized food assistance from the federal government has risen to 101 million, representing roughly a third of the U.S. population.... That means the number of Americans receiving food assistance has surpassed the number of private sector workers in the U.S.." [CNS News, July 7th, 2013]

2. 54 Straight Months of 7.5% Unemployment or Above

"Since January 2009, when Barack Obama was inaugurated as president, the United States has seen 54 straight months with the unemployment rate at 7.5 percent or higher, which is the longest stretch of unemployment at or above that rate since 1948"... [CNS News, July 5th. 2013]

3. Long-Term Unemployment

"Of the 11.8 million jobless Americans in June, 4.3 million had been out of work six months or longer. There were 1 million fewer long-term jobless than last year, but their ranks remain way above the previous high-water mark of 2.8 million in 1983." [Huffington Post, July 5th, 2013]

4. Labor Participation Rate

"[T]he number of people not in the labor force which in March soared by a massive 663,000 to a record 90 million Americans who are no longer even looking for work... And even worse, the labor force participation rate plunged from an already abysmal 63.5% to 63.3% - the lowest since 1979! [ZeroHedge, April 2013]

5. Disability Recipients

"The total number of people in the United States now receiving federal disability benefits hit a record 10,962,532 million in April, which exceeds the 10,815,197 people who live in the nation of Greece." [CNS News, May 2013]

6. Poverty Rate Skyrockets

Finally: "As the president began the first year of his second term, the U.S. poverty rate rose to a level not seen since the 1960s... The Census Bureau says that 50 million Americans, roughly one in six — almost 17% — are living below the poverty line... apparently 20% of the nation's children are living in poverty." [iBD, April 2013]

 

[mrmcwhipit]

Dont ya just love this administration? truly unbelievable times.

[The Machine]

That's just crazy ....... How long can the US keep up the facade of bieng the land of milk and honey ..... Reading that it sounds like a third world country

[Nelg]

It is a "land of milk and honey" furnished by the US government.  Can you spell "monarchal socialism"?  Can you define "controlled subjugation"? 

[ibewdallas]

the greatest problem of all is the lack of concern from the general public, and some how the dem's can hide their heads in the sand and not see the disaster this administration has been and remains to be!!!!  LOW INFORMATION VOTERS (NO INFORMATION)???

[dog53]

Its called thinning the herd . Those who wont play ball and become dependent on the government and accept their handouts are looked down upon. To own a company makes you the enemy of the state. To have worked your whole life and now trying to live off the social security that you are entitled to they burden you with healthcare you cant possibly afford. They completely raped the medicare system so they could get their corrupt hands on the cash. While the medicaid program you don't even need a co-pay.

Rewarding the poor for not working seems to be the new American dream. The baby boomers will die by the thousands while the fat cats in washington suck down $300 bottles of wine with their  lunches . While the once proud retired  american workers eat cat food 

[yota691]