Barack
Obama does not want you to know what he has done to our country ....
The following are 25 horrible statistics he has created :
#1 The percentage of Americans that own homes is dropping
rapidly. According to Gallup, the current level of homeownership in the United
States is
the lowest that Gallup has ever measured.
#2 Home prices in the U.S. continue to fall like a rock as
well. They have declined for six months in a row and are now down a total of 35 percent from the peak of the housing bubble. The last time
that home prices in the United States were this low was back in 2002.
#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.
#6 The average duration of unemployment in the United States
is about
three times as long as it was back in the year 2000.
#7 Despite what the mainstream media would have us to
believe, the truth is that the percentage of working age Americans that are
employed is not increasing. Back in March 2010, 58.5 percent
of all working age Americans were employed. In March 2011, 58.5 percent of all working age Americans were employed. In
March 2012, 58.5 percent
of all working age Americans were employed. So how can Barack Obama and the
mainstream media claim that the employment situation in the United States is
getting better? The employment rate is still essentially exactly where it was
when the last recession supposedly ended.
#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.
#10 In some areas of Detroit, Michigan you can buy a three
bedroom home for
just $500.
#11 According to one recent survey, approximately one-third of all Americans are not paying their bills on time
at this point.
#12 Since Barack Obama entered the White House, the price of
gasoline has risen by
more than 100 percent.
#13 The student loan debt bubble continues to expand at a
very frightening pace. Recently it was announced that total student loan debt
in the United States has passed the one trillion dollar mark.
#14 Incredibly, one
out of every four jobs in the United States pays $10 an hour or less at this
point.
#15 Household incomes all over the United States continue to
fall. After adjusting for inflation, median household income in America has
declined by 7.8 percent since December 2007.
#16 Over the past several decades, government dependence has
risen to unprecedented heights in the United States. The following is how I
described the explosive growth of social welfare benefits in
one recent article....
Back in 1960, social welfare benefits made up approximately 10
percent of all salaries and wages. In the year 2000, social welfare
benefits made up approximately 21 percent of all
salaries and wages. Today, social welfare benefits make up approximately 35 percent of all salaries and
wages.
#17 In November 2008, 30.8 million Americans were on food
stamps. Today, more than 46
million Americans are on food stamps.
#18 Right now, more
than 25 percent of all American children are on food stamps.
#19 According to the U.S. Census Bureau, today 49 percent of all Americans live in a home that receives some
form of benefits from the federal government.
#20 Over the next 75 years, Medicare is facing unfunded
liabilities of more than 38 trillion dollars. That comes to $328,404
for each and every household in the United States.
#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.
#22 At this point, the U.S. national debt is rising by
more than 2 million dollars every single minute.
#23 The U.S. national debt has risen by more than 5
trillion dollars since the day that Barack Obama first took office. In a
little more than 3 years Obama has added more to the national debt than the
first 41 presidents combined.
#24 The Federal Reserve bought up approximately 61 percent of all government debt issued by the U.S. Treasury
Department during 2011.
#25 The Federal
Reserve continues to systematically destroy the value of the U.S. dollar.
Since 1970, the U.S. dollar has lost more
than 83 percent of its value.