Thursday, April 7, 2011

Feeling Depressed? 27 Depressing Statistics About The US Economy That Will Make You Feel Even Worse!

Everywhere you turn today, there is news of doom and gloom.  We are watching still as the Israeli occupied United States of America, and its obedient minions, are about to get further involved in a new war against Libya.  We are also watching as the Fukushima nuclear disaster is still unfolding, with new reports that at least one reactor core is in full meltdown.   These two major events are depressing enough....

Now, I want to present a new article, that comes courtesy of the website: The Economic Collapse, at www.theeconomiccollapseblog.com, that lists 27 key points on the present situation with the US economy.  It is entitled: "Feeling Depressed? 27 Depressing Statistics About The US Economy That Will Make You Feel Even Worse", and the information is indeed startling.  I have that entire article right here for you to view, with some comments to follow:

Feeling Depressed? 27 Depressing Statistics About The U.S. Economy That Will Make You Feel Even Worse


If you know someone that believes that the U.S. economy is in great shape, just show that person the following statistics.  But please don't show these statistics to anyone that is feeling depressed or that has just lost a job - it might push such a person over the edge.  The sad truth is that the U.S. economy is in the midst of a long-term decline and it is coming apart at the seams.  Right now the Obama administration and the Federal Reserve are attempting to "paper over" our economic problems with massive amounts of government debt and paper currency, but in the end it is not going to work.  When you analyze the numbers objectively, it leads to the inescapable conclusion that we are headed for another Great Depression.  That is a very depressing thought, but there is no denying that decades of debt and incredibly bad decisions are starting to catch up with us.  The economic pain that is coming is going to be absolutely mind blowing.
It would be nice if our politicians and our business leaders suddenly started making incredibly wise decisions so that we could bring the U.S. economy in for a "soft landing", but the chance of that happening is so small that it is not even worth mentioning.


It is time for all of us to face up to the truth.  In this day and age it is really easy to get caught up in the trap of feeling depressed, but once we understand exactly how bad our problems are it can be empowering because then we can start focusing on solutions.


The following are 27 depressing statistics about the U.S. economy that are almost too crazy to believe....


#1 The Obama administration projects that the federal budget deficit will be approximately $1,600,000,000,000 this year.  Right now the Republicans and the Democrats are fighting tooth and nail over budget cuts.  The Republicans are proposing to cut the budget deficit by 3.8%.  The Democrats only want to cut it by 2.1%.


#2 The U.S. economy actually grew more between 1930 and 1940 than it did during the decade that recently ended.


#3 Over the last decade, the number of Americans without health insurance has risen from about 38 million to about 52 million.


#4 Agricultural commodities are absolutely soaring.  The price of corn has more than doubled over the last 12 months.  Considering the fact that corn is in literally thousands of our food products, that is a very frightening statistic.


#5 Between 1999 and 2009, real median household income in the United States declined by 5.0%.


#6 It is being estimated that total U.S. government debt will grow by 42 percent by the year 2015.


#7 According to the Pentagon, the cost of the first week of attacks on Libya was 600 million dollars.


#8 The average American now spends approximately 23 percent of his or her income on food and gas.


#9 According to the U.S. Energy Department, the average U.S. household will spend approximately $700 more on gasoline in 2011 than it did during 2010.


#10 It is being projected that for the first time ever, the OPEC nations are going to bring in over a trillion dollars from exporting oil this year.  Their biggest customer is the United States.


#11 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.


#12 China produced 19.8 percent of all the goods consumed in the world last year.  The United States only produced 19.4 percent.


#13 The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.


#14 The U.S. trade deficit with China in 2010 was 27 times larger than it was back in 1990.


#15 U.S. home values have fallen an astounding 6.3 trillion dollars since the peak of the real estate market in 2005.


#16 According to RealtyTrac, one out of every 45 U.S. households was hit with a foreclosure filing in 2010.


#17 The number of homes that were actually repossessed reached the 1 million mark for the first time ever during 2010.


#18 New home sales in the United States set a brand new all-time record low in the month of February.


#19 Now home sales in the United States are now down 80% from the peak in July 2005.


#20 The financial condition of American families continues to deteriorate rapidly.  In 2010, one out of every eight American families had at least one family member that was unemployed.  That number was the highest it has been since the U.S. Labor Department began keeping track of that statistic back in 1994.


#21 There are now more than 6 million Americans that the government says have given up looking for work completely.


#22 According to the U.S. Bureau of Labor Statistics, the average length of unemployment in the U.S. is now an all-time record 39 weeks.


#23 Americans now owe more than $900 billion on student loans, which is also an all-time record high.


#24 Average household debt in the United States has now reached a level of 136% of average household income.


#25 According to the Federal Reserve, between 2007 and 2009 median household net worth in the United States fell by 23 percent.


#26 The Federal Reserve also says that median household debt in the United States has risen to $75,600.


#27 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.  Sadly, the Federal Reserve is working very hard to get rid of the little bit of purchasing power that the U.S. dollar has left.

NTS Notes:  YES, the news coming out about the true state of the US economy is indeed depressing...

Readers, it is not my purpose to keep putting out doom and gloom.   In fact, I have listed constantly some key points that are absolutely necessary for changing the present situation with the US economy, and all world economies as a matter of fact.  I want to list some of those points here:


1. End the US Federal Reserve system immediately!  That is nothing more than a privately owned central bank that is printing money based on absolutely NOTHING, and "lending" it to the US Government for the American citizens to use at INTEREST.  The amount of accumulated Usury DEBT as a result of this heinous system of charging interest is now in the neighborhood of 14 TRILLION dollars, and rising.

2. End the Debt.  Absolutely pay no more money to the criminal bankers who created this criminal debt based on their criminal Usury system in the first place.  Since it is a matter of fact that the accumulated national debt of the United States is owed to the same privately owned central banks that run the fraudulent Federal Reserve System, ending or retiring the debt owed to these criminals will go a long way towards getting the US economy rebooted.   The best method for eliminating the debt is to declare a "Jubilee" and have all debts set to zero and null and voided immediately.

3. Pass a law immediately that returns the printing of currency to the control of the Government alone and interest free.   Ending the Federal Reserve System, and ending the Debt are keys, but unless the printing of currency is returned to the control of the Government only and for all time, we would soon be back into the same criminal Usury debt situation that created this mess in the first place.

4. End the Federal Income Tax and disband the IRS immediately.  Few people are even aware that the Federal Income Tax that they pay out annually goes directly to the criminal bankers that put the country into severe debt in the first place for nothing more than paying the INTEREST on that debt!   That is criminal enough, but even more insidious is the fact that people in the US are totally unaware that there is absolutely NO law that states that they even have to pay any federal income tax!  The fact is, readers, that the 16th amendment to the US Constitution that makes a federal income taxation system the law of the land has never been ratified!  Therefore, again, there is absolutely NO law that says that you have to pay income taxes to the federal government.  The problem is that these evil criminal bankers control the Internal Revenue Service, and have their hired henchmen going out and enforcing their criminal income taxation system on the American public.

Ending the criminal and illegal payment of Income Taxes would go a long way into kick starting the American economy by giving the American public more of their hard earned wages to spending on goods, services, and even towards infrastructure repair and upgrading!

5. End involvement in foreign wars for Israel.  I do not need to go into great detail about this, because the facts speak for themselves... Involvement in wars for Israel has cost the US TRILLIONS of dollars and has left the nation on the verge of bankruptcy.

6. End the so called "aid" to the criminal state of Israel immediately.  The Israelis are gloating these days about how great their economy is.... End all of the phoney "aid" payments that are given out to that criminal enterprise, and lets see how great their economy truly is!

These are just 6 key points, and guaranteed there are others that I have not listed here that are just as critical for the US Economy to recover.   The big question becomes:  Do the American public have the guts and the will to take their country back from the criminals that are ruining their nation, or are they willing to sit back, do nothing, and watch their nation dissolve into a wasteland?  A tough choice to make, indeed!

More to come

NTS

10 comments:

Anonymous said...

Yes, Israel with a Universal Health
Care system paid for by the U.S.
taxpayers. They and their involvement in the U.S. govt
affairs is tyranny for being
allowed. Leaches be gone.
How does one enact a "Julilee"?

Northerntruthseeker said...

Look up how Jubilees were enacted during the Middle Ages...

Jubilee was done with pomp and ceremony where the leader, emperor, or king would say a speech, and then say an edict where all debts owed were from that point null and void.

It would be more complex today, but the idea of Jubilee is now overdue.

mary sullivan said...

http://www.youtube.com/watch?feature=player_embedded&v=3vOCnZOcr8w


TORONTO

FreeTheTruth said...

I can't wait to see it all come down. There is no way that America can survive in the direction she's going. Friday only prolonged the inevitable.

Anonymous said...

Cut the billions the US gives to Israel each year plus the money that they give to Sultans who don't care about their own people and African nations that hate the US anyway and you will see a better budget! Keep your beak out of Social Security, it's the American people's money. The US government has their head in their ass! These opportunist bums in the Congress and Senate should be hung.

Anonymous said...

Before long the TSA will be 100,000 strong in an economy that is on the verge of collapse. Now these creeps are at bus and train stations like I said several months ago. Malls are next according to Napolitano. Just wait till they give these HUD morons arrest powers and guns! TSA is nothing more than a full fledged Gestapo Force. But remember the cover story people, it's for your safety. You are footing the bill to be humiliated while the social security is being raped!

Anonymous said...

While your paying extortion rates to fly, you are putting your life in danger. US Airways,United,American,Southwest,etc. are using nuts & bolts made in China. I know what I'm talking about, look at Southwest's planes falling apart! It's all about cutting corners to turn a profit.

Anonymous said...

The US has spent $600 million so far bombing Libya and now you are paying for it at the gas pumps! Gas will go to over $4.00 per gallon before long.

Anonymous said...

Flying was an enjoyable means of travel at one time. "Don't Fly People" Boycott the Airlines if you don't want to be humiliated and treated like cattle by these ignorant TSA Apes! Watch how quick these bastards will change their attitudes. Do you want your wife and kids molested by these Gorillas ? TSA employees are being arrested on a daily basis for stealing money,lap tops cameras and other valuables. Stay out of JFK and Newark. If you are traveling to Europe, drive to Canada, park your car and catch an Air Canada flight. Do to the US economy going down the toilet, it's only a matter of time before the Airlines convert to coin operated lavatories. An Irish airline is doing it already.

Anonymous said...

The American Automobile Association is shutting down AAA offices nationwide and laying off thousands of employees. Flying is down, something that the Zionist controlled TV news isn't telling you. Keep up the boycott America, hit the arrogant airlines and the TSA gestapo where it hurts.