A recent Big Government article “It�s the Math, Stupid!: Seven Devastating Facts About 2012” discusses some�upsetting numbers:
- 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.
- The�real unemployment rate�is a jaw-dropping 11 percent.
- Every fifth man�you pass on your way to work is now out of work.
- College graduates are now�34% less likely to find a job under Obama�than they were under President George W. Bush.
- Every seventh person�you pass on the sidewalk now relies on food stamps.
- 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.
- 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.