Monday, April 11, 2011

Money Problems That Never Seem To End: 25 Reasons To Be Absolutely Disgusted With The U.S. Economy

"Our entire financial system is coming apart.

The signs are everywhere.

The following are 25 reasons to be absolutely disgusted with the U.S. economy....

#1 There are now 6.4 million fewer jobs in America than there were when the recession began.

#2 In Southern California, the average price of a gallon of gasoline is $1.00 higher than it was at this time last year.

#3 The average price of gasoline in the United States has jumped about 20 cents in just the last two weeks.

#4 Over the past 12 months the average price of gasoline in the United States has gone up by about 30%.

#5 In the 8 days leading up to the "historic" $38.5 billion budget deal, the U.S. national debt increased by $54.1 billion dollars.

#6 The $38.5 billion in budget cuts that the Republicans and the Democrats have agreed to represent approximately one percent of the federal budget.

#7 During the 2010 campaign, the Republicans promised voters they would cut $100 billion from the budget for 2011. Instead, they gave in when the Democrats offered just $38.5 billion.

#8 The Obama administration had been estimating that the federal budget deficit for fiscal 2011 would be approximately 1.6 trillion dollars. Now it will likely be somewhere around 1.55 trillion dollars which will still be an all-time record..."

at http://theeconomiccollapseblog.com/archives/money-problems-that-never-seem-to-end-25-reasons-to-be-absolutely-disgusted-with-the-u-s-economy

No comments:

Post a Comment