Obama’s New Economic Normal: Seven Devastating Facts
“Consider, for example, these seven “firsts” for the U.S. economy:
1. All-time record annual average gas price: In 2012, the average cost of a gallon of gas eclipsed the previous record by nine cents, bringing the annual average to $3.60.
2. All-time record food stamp participation: As of last month, for the first time in American history, 47,710,324 individuals — roughly one out of every seven people living in the United States — now receive food stamps.
3. All-time high youth unemployment: In the last four years, average youth unemployment eclipsed the previous record rising to 17.5% — the highest ever in recorded U.S. history.
4. All-time high number of Americans no longer in the labor force: Never before in U.S. history have so many been sidelined from the workforce. Today, a record 88,921,000 Americans are no longer a part of the U.S. labor force.”
there is more at the link. when the hell are we going to say enough? or is the simple fact that there just isn’t enough of us to make a difference anymore?
none of the above “firsts” are good things, are you satisfied with handing this kind of country to your children? what is the matter with us?1 views