Scary facts about the fall of the U.S. economy

Anyone who believes that the U.S. economy is finally beginning to come herself thanks to incentive measures by the Federal Reserve and the lending rate is almost zero, you just need to look at the showgirl, say the authors of the blog ZeroHedge. U.S. President Barack Obama and Federal Reserve Chairman Ben Bernanke actually drove the country into a debt trap from which you do not know how to get out.


In 1980, the U.S. national debt was less than $ 1 trillion., Today it is rapidly approaching $ 17 trillion. In 1970, the total amount of debt, business debt and debt on consumer loans was about $ 2 trillion., Today — more than $ 56 trillion.

During Obama's first term U.S. government has accumulated more debt than it was during the 42 previous U.S. presidents combined.

According to the World Bank, in 2001, U.S. GDP accounted for 31.8% of all economic activity. In 2011, that number dropped to 21.6%.

U.S. falls in global competitiveness ranking of the World Economic Forum for four consecutive years.

More than 56,000 businesses have closed in the U.S. since 2001.

In 1993, the U.S. had a trade surplus with Mexico of $ 1.6 billion in 2010 in the trade deficit with Mexico came in $ 61.6 billion in 1985, the trade deficit with China was about $ 6 million, and in 2012 — $ 315 billion is the largest trade deficit between the two nations in world history.

In 1950, more than 80% of citizens in the United States had jobs. Today, unemployment is over 35%. If this is 53% of those still working, earning less than $ 30K a year.

Small business is rapidly dying in America, only about 7% of all non-agricultural workers in the United States are engaged in individual entrepreneurship is a record low in the history of the country.

In 1983, 95% of all income earners in the U.S. was 62 cents for every dollar of debt, and in 2007 this figure had grown to $ 1.48.

One percent of the richest Americans have more capital than 90% of other citizens. According to Forbes, the 400 richest Americans are richer than 150 million Americans combined. The six heirs of the empire WalMart hold plenty of money than the "low-yielding" one-third of all Americans combined.

According to the U.S. Census Bureau, more than 146 million Americans live in poverty or extreme poverty. The government was forced to introduce nearly 80 different welfare programs in need.

In 1965, only one out of 50 Americans was in the state program of medical assistance to the needy (Medicaid). Today, there is already one in six Americans, and in the near future this number will grow by another 16 mln.grazhdan.

Currently, about 56 million Americans are living on Social Security benefits. By 2035, this number is projected to jump to 91 million Social Security System will have a deficit of $ 134 trillion. dollar over the next 75 years.

More than a million public school students in the United States are homeless. In the history of the United States for the first time this happens.

The number of Americans receiving social protection as persons with disabilities, more than the entire population of Greece, and the number of Americans living on food stamps, more than the entire population of Spain.

When Barack Obama first entered the White House, about 32 million Americans living on food stamps. Now there are more than 47 million, more than the population 25 states combined.

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