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The Economy: Top 100 Statistics of the Coming Collapse

Friday, October 7, 2011

The U.S. economy is dying and most American voters have no idea why it is happening.? Unfortunately, the mainstream media and most of our politicians are not telling the truth about the collapse of the economy.? This generation was handed the keys to the greatest economic machine that the world has ever seen, and we have completely wrecked it.

EConomy collapse The Economy: Top 100 Statistics of the Coming Collapse

Decades of incredibly foolish decisions have left us drowning in an ocean of corruption, greed and bad debt.? Thousands of businesses and millions of jobs have left the country and poverty is exploding from coast to coast.? We are literally becoming a joke to the rest of the world.? It is absolutely imperative that we educate America about what is happening.? Until the American people truly understand the problems that we are facing, they will not be willing to implement the solutions that are necessary.

The following are the top 100 statistics about the collapse of the economy that every American voter should know?.

#100 A staggering?48.5% of all Americans live in a household that receives some form of government benefits.? Back in 1983, that number was below 30 percent.

#99 During the Obama administration, the U.S. government has accumulated more debt than it did from the time that George Washington took office?to the time that Bill Clinton took office.

#98 Since Barack Obama was sworn in, the share of the national debt per household has increased?by $35,835.

#97 The U.S. national debt has been increasing by an average of?more than 4 billion dollars per day since the beginning of the Obama administration.

#92 State and local government debt has reached an all-time high of?22 percent of U.S. GDP.

…#86 The cost of a health insurance policy for the average American family rose by a whopping?9 percent last year, and according to a report put out by the Kaiser Family Foundation and the Health Research and Educational Trust, the average family health insurance policy now costs?over $15,000 a year.

…#61 Between December 2000 and December 2010, 38 percent of the manufacturing jobs in Ohio were lost, 42 percent of the manufacturing jobs in North Carolina were lost and 48 percent of the manufacturing jobs in Michigan were lost.

…#2 The Federal Reserve is a?perpetual debt machine.? Today, the U.S. national debt is more than?4700 times larger than it was when the Federal Reserve was created back in 1913.

The link to this full article at InfoWars

The more truth is that the next THREE generations are already buried in debt.? There is no question that America will collapse.? The dominoes will fall around this globe.? There is only the question of WHEN?

 

 

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