Let’s Talk Numbers


Tuesday December 27th, 2011   •   Posted by Stephanie Freedman at 12:49pm PST   •  

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A recent Big Government article “It�s the Math, Stupid!: Seven Devastating Facts About 2012” discusses some�upsetting numbers:

  1. Every day, the U.S. government takes in $6 billion and spends $10 billion.� This means that every day the federal government spends�$4 billion more dollars�than it has.
  2. The�real unemployment rate�is a jaw-dropping 11 percent.
  3. Every fifth man�you pass on your way to work is now out of work.
  4. College graduates are now�34% less likely to find a job under Obama�than they were under President George W. Bush.
  5. Every seventh person�you pass on the sidewalk now relies on food stamps.
  6. The ravages of the Obama economy now mean that�more Americans live under the federal poverty line than at any time in U.S. history�since records have been kept.
  7. Under President Barack Obama,�every fifth child in America now lives in poverty.

It is needless to say, that these figures cannot continue. While they may look disheartening, they should be used as a reminder of why it is our duty to follow what MyGovCosts.




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