Friday, April 1, 2011

A List Of 28 Things That Will Make You Realise That There Is Something Seriously Wrong With This Country http://endoftheamericandream.com/archives/a-list-of-28-things-that-will-make-you-think-that-there-is-something-seriously-wrong-with-this-country

What in the world is happening to America? Perhaps you have asked yourself that question from time to time. Today it seems like everything is falling apart. Our economy is crumbling, our politicians are incompetent, we have just gotten involved in another war, corruption is everywhere and the Americans people are so addicted to entertainment that hardly anything can wake them from their stupor. It is enough to make you think that there is just not much hope for America.  #1 According to the Economic Policy Institute,almost 25 percent of U.S. households now have zero net worth or negative net worth. Back in 2007, that number was just 18.6 percent.#14 According to a recent article posted on the website of the American Institute of Economic Research, the purchasing power of a U.S. dollar declined from $1.00 in 1913 to 4.6 cents in 2009.

#5 According to a recent census report, 13% of all the homes in the United States are sitting empty. #25 The IMF says that in order to fix the U.S. government budget deficit, taxes need to be doubled on every single U.S. citizen.#26 Mandatory federal spending is going to surpass total federal revenue for the first time ever in this fiscal year. That was not supposed to happen until 50 years from now.#27 Today, the U.S. national debt is over 14 times larger than it was back in 1981.#28 According to the National Inflation Association, when you factor in the unfunded liabilities of the U.S. government, total federal debt obligations now come to a grand total of 76 trillion dollars.

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