The Truth About The Economy Is In The Numbers

going-down.jpgIf the president intends to run on his record, he has a lot of numbers that his campaign is going to try and hide from you (or blame Bush, I suppose).

The Economic Collapse itemized seventy numbers that don’t look good for the president or congress this fall. The list is published in its entirety on YOLOhub.com. This is only a partial list of the many interesting, but disappointing, numbers affecting today’s economy.

This is the first dozen numerical factoids of the compiled list. You can read all of them by clicking on the link below.

Via YOLOhub:

$3.59 – When Barack Obama entered the White House, the average price of a gallon of gasoline was $1.85. Today, it is$3.59.

22 – It is hard to believe, but today the poverty rate for children living in the United States is a whopping 22 percent.

23 – According to U.S. Representative Betty Sutton, an average of 23 manufacturing facilities permanently shut down in the United States every single day during 2010.

30 – 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.

32 – The amount of money that the federal government gives directly to Americans has increased by 32 percent since Barack Obama entered the White House.

35 – U.S. housing prices are now down a total of 35 percent from the peak of the housing bubble.

40 – The official U.S. unemployment rate has been above 8 percent for 40 months in a row.

42 – According to one survey, 42 percent of all American workers are currently living paycheck to paycheck.

48 – Shockingly, at this point 48 percent of all Americans are either considered to be “low income” or are living in poverty.

49 – Today, an astounding 49.1 percent of all Americans live in a home where at least one person receives benefits from the government.

53 – Last year, an astounding 53 percent of all U.S. college graduates under the age of 25 were either unemployed or underemployed.

60 – According to a recent Gallup poll, only 60 percent of all Americans say that they have enough money to live comfortably.

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