75 economic numbers from 2012

Locutus

Adorable Deplorable
Jun 18, 2007
32,230
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via sda:

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



What a year 2012 has been! The mainstream media continues to tell us what a “great job” the Obama administration and the Federal Reserve are doing of managing the economy, but meanwhile things just continue to get even worse for the poor and the middle class. It is imperative that we educate the American people about the true condition of our economy and about why all of this is happening. If nothing is done, our debt problems will continue to get worse, millions of jobs will continue to leave the country, small businesses will continue to be suffocated, the middle class will continue to collapse, and poverty in the United States will continue to explode. Just “tweaking” things slightly is not going to fix our economy. We need a fundamental change in direction.

Right now we are living in a bubble of debt-fueled false prosperity that allows us to continue to consume far more wealth than we produce, but when that bubble bursts we are going to experience the most painful economic “adjustment” that America has ever gone through. We need to be able to explain to our fellow Americans what is coming, why it is coming and what needs to be done. Hopefully the crazy economic numbers that I have included in this article will be shocking enough to wake some people up.

The end of the year is a time when people tend to gather with family and friends more than they do during the rest of the year. Hopefully many of you will use the list below as a tool to help start some conversations about the coming economic collapse with your loved ones. Sadly, most Americans still tend to doubt that we are heading into economic oblivion. So if you have someone among your family and friends that believes that everything is going to be “just fine”, just show them these numbers. They are a good summary of the problems that the U.S. economy is currently facing.

The following are 75 economic numbers from 2012 that are almost too crazy to believe...


75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe | ZeroHedge
 

damngrumpy

Executive Branch Member
Mar 16, 2005
9,949
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kelowna bc
So Obama is responsible for the economic collapse of America. Great news if
you are intending to ignore all those before him that contributed to the mess
they find themselves in.
Ronald Reagan set the country in the wrong direction to start with. Clinton also
set up the pattern for a future disaster with his trade policies. Bush didn't help
either but the damage had already been done. Obama did his share of
inadequate policy but he is not the worst person. Had the Romney crowd taken
over it would likely be worse.
Medicare is the best piece of legislation of the Obama term it doesn't go far
enough but it is a good start.
 

Liberalman

Senate Member
Mar 18, 2007
5,623
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Toronto
One hundred million Americans feel as comfortable as rich people when they don't have to pay as much taxes as working people when they get the government money.