Your American Dream Is Over.....so Shut Up And Pack Up!

[allarjun_fan]

#1 Back in 1980, the U.S. national debt was less than one trillion dollars. Today, it is rapidly approaching 17 trillion dollars...

National Debt

#2 During Obama's first term, the federal government accumulated more debt than it did under the first 42 U.S presidents combined.


#3 The U.S. national debt is now more than 23 times larger than it was when Jimmy Carter became president.

#4 If you started paying off just the new debt that the U.S. has accumulated during the Obama administration at the rate of one dollar per second, it would take more than 184,000 years to pay it off.

#5 The federal government is stealing more than 100 million dollars from our children and our grandchildren every single hour of every single day.

#6 Back in 1970, the total amount of debt in the United States (government debt + business debt + consumer debt, etc.) was less than 2 trillion dollars. Today it is over 56 trillion dollars...

Total Debt

#7 According to the World Bank, U.S. GDP accounted for 31.8 percent of all global economic activity in 2001. That number dropped to 21.6 percent in 2011.

#8 The United States has fallen in the global economic competitiveness rankings compiled by the World Economic Forum for four years in a row.

#9 According to The Economist, the United States was the best place in the world to be born into back in 1988. Today, the United States is only tied for 16th place.

#10 Incredibly, more than 56,000 manufacturing facilities in the United States have been permanently shut down since 2001.

#11 There are less Americans working in manufacturing today than there was in 1950 even though the population of the country has more than doubled since then.

#12 According to the New York Times, there are now approximately 70,000 abandoned buildings in Detroit.

#13 When NAFTA was pushed through Congress in 1993, the United States had a trade surplus with Mexico of 1.6 billion dollars. By 2010, we had a trade deficit with Mexico of 61.6 billion dollars.

#14 Back in 1985, our trade deficit with China was approximately 6 million dollars (million with a little "m") for the entire year. In 2012, our trade deficit with China was 315 billion dollars. That was the largest trade deficit that one nation has had with another nation in the history of the world.

#15 Overall, the United States has run a trade deficit of more than 8 trillion dollars with the rest of the world since 1975.

#16 According to the Economic Policy Institute, the United States is losing half a million jobs to China every single year.

#17 Back in 1950, more than 80 percent of all men in the United States had jobs. Today, less than 65 percent of all men in the United States have jobs.

#18 At this point, an astounding 53 percent of all American workers make less than $30,000 a year.

#19 Small business is rapidly dying in America. At this point, only about 7 percent of all non-farm workers in the United States are self-employed. That is an all-time record low.

#20 Back in 1983, the bottom 95 percent of all income earners in the United States had 62 cents of debt for every dollar that they earned. By 2007, that figure had soared to $1.48.

#21 In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined.

#22 According to Forbes, the 400 wealthiest Americans have more wealth than the bottom 150 million Americans combined.

#23 The six heirs of Wal-Mart founder Sam Walton have as much wealth as the bottom one-third of all Americans combined.

#24 According to the U.S. Census Bureau, more than 146 million Americans are either "poor" or "low income".

#25 According to the U.S. Census Bureau, 49 percent of all Americans live in a home that receives direct monetary benefits from the federal government. Back in 1983, less than a third of all Americans lived in a home that received direct monetary benefits from the federal government.

#26 Overall, the federal government runs nearly 80 different "means-tested welfare programs", and at this point more than 100 million Americans are enrolled in at least one of them.

#27 Back in 1965, only one out of every 50 Americans was on Medicaid. Today, one out of every 6 Americans is on Medicaid, and things are about to get a whole lot worse. It is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.

#28 As I wrote recently, it is being projected that the number of Americans on Medicare will grow from 50.7 million in 2012 to 73.2 million in 2025.

#29 At this point, Medicare is facing unfunded liabilities of more than 38 trillion dollars over the next 75 years. That comes to approximately $328,404 for every single household in the United States.

#30 Right now, there are approximately 56 million Americans collecting Social Security benefits. By 2035, that number is projected to soar to an astounding 91 million.

#31 Overall, the Social Security system is facing a 134 trillion dollar shortfall over the next 75 years.

#32 Today, the number of Americans on Social Security Disability now exceeds the entire population of Greece, and the number of Americans on food stamps now exceeds the entire population of Spain.

#33 According to a report recently issued by the Pew Research Center, on average Americans over the age of 65 have 47 times as much wealth as Americans under the age of 35.

#34 U.S. families that have a head of household that is under the age of 30 have a poverty rate of 37 percent.

#35 As I mentioned recently, the homeownership rate in America is now at its lowest level in nearly 18 years.

#36 There are now 20.2 million Americans that spend more than half of their incomes on housing. That represents a 46 percent increase from 2001.

#37 45 percent of all children are living in poverty in Miami, more than 50 percent of all children are living in poverty in Cleveland, and about 60 percent of all children are living in poverty in Detroit.

#38 Today, more than a million public school students in the United States are homeless. This is the first time that has ever happened in our history.

#39 When Barack Obama first entered the White House, about 32 million Americans were on food stamps. Now, more than 47 million Americans are on food stamps.

#40 According to one calculation, the number of Americans on food stamps now exceeds the combined populations of "Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming."

[Khadgam]

[quote name='allarjun_fan' timestamp='1370050269' post='1303811601']
#1 Back in 1980, the U.S. national debt was less than one trillion dollars. Today, it is rapidly approaching 17 trillion dollars...

National Debt

#2 During Obama's first term, the federal government accumulated more debt than it did under the first 42 U.S presidents combined.


#3 The U.S. national debt is now more than 23 times larger than it was when Jimmy Carter became president.

#4 If you started paying off just the new debt that the U.S. has accumulated during the Obama administration at the rate of one dollar per second, it would take more than 184,000 years to pay it off.

#5 The federal government is stealing more than 100 million dollars from our children and our grandchildren every single hour of every single day.

#6 Back in 1970, the total amount of debt in the United States (government debt + business debt + consumer debt, etc.) was less than 2 trillion dollars. Today it is over 56 trillion dollars...

Total Debt

#7 According to the World Bank, U.S. GDP accounted for 31.8 percent of all global economic activity in 2001. That number dropped to 21.6 percent in 2011.

#8 The United States has fallen in the global economic competitiveness rankings compiled by the World Economic Forum for four years in a row.

#9 According to The Economist, the United States was the best place in the world to be born into back in 1988. Today, the United States is only tied for 16th place.

#10[b][color=#b22222] Incredibly, more than 56,000 manufacturing facilities in the United States have been permanently shut down since 2001.[/color][/b]

#11 There are less Americans working in manufacturing today than there was in 1950 even though the population of the country has more than doubled since then.

#12 According to the New York Times, there are now approximately 70,000 abandoned buildings in Detroit.

#13 When NAFTA was pushed through Congress in 1993, the United States had a trade surplus with Mexico of 1.6 billion dollars. By 2010, we had a trade deficit with Mexico of 61.6 billion dollars.

#14 Back in 1985, our trade deficit with China was approximately 6 million dollars (million with a little "m") for the entire year. In 2012, our trade deficit with China was 315 billion dollars. That was the largest trade deficit that one nation has had with another nation in the history of the world.

#15 Overall, the United States has run a trade deficit of more than 8 trillion dollars with the rest of the world since 1975.

#16 According to the Economic Policy Institute, the United States is losing half a million jobs to China every single year.

#17 Back in 1950, more than 80 percent of all men in the United States had jobs. Today, less than 65 percent of all men in the United States have jobs.

#18 At this point, an astounding 53 percent of all American workers make less than $30,000 a year.

#19 Small business is rapidly dying in America. At this point, only about 7 percent of all non-farm workers in the United States are self-employed. That is an all-time record low.

#20 Back in 1983, the bottom 95 percent of all income earners in the United States had 62 cents of debt for every dollar that they earned. By 2007, that figure had soared to $1.48.

#21 In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined.

#22 According to Forbes, the 400 wealthiest Americans have more wealth than the bottom 150 million Americans combined.

#23 The six heirs of Wal-Mart founder Sam Walton have as much wealth as the bottom one-third of all Americans combined.

#24 According to the U.S. Census Bureau, more than 146 million Americans are either "poor" or "low income".

#25 According to the U.S. Census Bureau, 49 percent of all Americans live in a home that receives direct monetary benefits from the federal government. Back in 1983, less than a third of all Americans lived in a home that received direct monetary benefits from the federal government.

#26 Overall, the federal government runs nearly 80 different "means-tested welfare programs", and at this point more than 100 million Americans are enrolled in at least one of them.

#27 Back in 1965, only one out of every 50 Americans was on Medicaid. Today, one out of every 6 Americans is on Medicaid, and things are about to get a whole lot worse. It is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.

#28 As I wrote recently, it is being projected that the number of Americans on Medicare will grow from 50.7 million in 2012 to 73.2 million in 2025.

#29 At this point, Medicare is facing unfunded liabilities of more than 38 trillion dollars over the next 75 years. That comes to approximately $328,404 for every single household in the United States.

#30 Right now, there are approximately 56 million Americans collecting Social Security benefits. By 2035, that number is projected to soar to an astounding 91 million.

#31 Overall, the Social Security system is facing a 134 trillion dollar shortfall over the next 75 years.

#32 Today, the number of Americans on Social Security Disability now exceeds the entire population of Greece, and the number of Americans on food stamps now exceeds the entire population of Spain.

#33 According to a report recently issued by the Pew Research Center, on average Americans over the age of 65 have 47 times as much wealth as Americans under the age of 35.

#34 U.S. families that have a head of household that is under the age of 30 have a poverty rate of 37 percent.

#35 As I mentioned recently, the homeownership rate in America is now at its lowest level in nearly 18 years.

#36 There are now 20.2 million Americans that spend more than half of their incomes on housing. That represents a 46 percent increase from 2001.

#37 45 percent of all children are living in poverty in Miami, more than 50 percent of all children are living in poverty in Cleveland, and about 60 percent of all children are living in poverty in Detroit.

#38 Today, more than a million public school students in the United States are homeless. This is the first time that has ever happened in our history.

#39 When Barack Obama first entered the White House, about 32 million Americans were on food stamps. Now, more than 47 million Americans are on food stamps.

#40 According to one calculation, the number of Americans on food stamps now exceeds the combined populations of "Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming."
[/quote]
that's whopping...

overall, true...its a sinking ship...

[Truth_Believer]

This is just the beginning. Wait for next year when Obamacare comes into effect then you will see how medical premiums will double and more people will loose healthcare services when doctors and hospitals stops accepting medicare patients. Ultimately small business owners will lay off or windup their business unable to meet obamacare mandate to provide health insurance to employees.

It will be true socialist country taking over the free market equating it to another 3rd world country.

[moviefan]

[color=#282828][font=helvetica, arial, sans-serif][img]http://i1249.photobucket.com/albums/hh517/twinklebt/Brahmis/entobemmi.gif[/img][/font][/color]

[KJagan]

[D9]

Be the first!

[jbourne]

[quote name='Believer' timestamp='1370052119' post='1303811644']
This is just the beginning. Wait for next year when Obamacare comes into effect then you will see how medical premiums will double and more people will loose healthcare services when doctors and hospitals stops accepting medicare patients. Ultimately small business owners will lay off or windup their business unable to meet obamacare mandate to provide health insurance to employees.

It will be true socialist country taking over the free market equating it to another 3rd world country.
[/quote]

Antha cinema vundii antava

[George_Brahmi_III]

[quote name='jbourne' timestamp='1370062746' post='1303811943']


Antha cinema vundii antava
[/quote]undhi has. Obama is very adamant on Medicare nd food stamps.

[narsayya]

[quote name='Believer' timestamp='1370052119' post='1303811644']
This is just the beginning. Wait for next year when Obamacare comes into effect then you will see how medical premiums will double and more people will loose healthcare services when doctors and hospitals stops accepting medicare patients. Ultimately small business owners will lay off or windup their business unable to meet obamacare mandate to provide health insurance to employees.

It will be true socialist country taking over the free market equating it to another 3rd world country.
[/quote]

I don't think so. US will probably settle into Japan style stagflationary economy, with decimal point growth rates in the near future.

It'll never implode, because new immigrants are still lining up to come to the US. Large deposits of natural gas recently found. And because there is no other alternative to the US. All countries are ** at different levels.

For tech entrepreneurs, US will still be the place to go. However if some country comes up with lesser restrictions on business out of the blue, US will be well and truly ** then. It's not going to happen.

[narsayya]

However the days of easy money in the US is over. Unless you are supremely talented, or have political connections, you'll only lead a mediocre life in the US.

[worstandhra]

[quote name='Believer' timestamp='1370052119' post='1303811644']
This is just the beginning. Wait for next year when Obamacare comes into effect then you will see how medical premiums will double and more people will loose healthcare services when doctors and hospitals stops accepting medicare patients. Ultimately small business owners will lay off or windup their business unable to meet obamacare mandate to provide health insurance to employees.

It will be true socialist country taking over the free market equating it to another 3rd world country.
[/quote]

This is bound to happen as millions of people led an almost luxurious life for decades with out any productive work.
But, but US is not so all easy to be blown up. The reason: Its Dollar.
Dollar is the mostly used currency for international transactions. The real danger lies if some one like Saddam or Gaddaffi comes out with an alternative to float. Then with their military Might, they would kill them, making again the Dollar the defacto Standard. This will happen for quite some time. Though we cannot promise this to happen for centuries.

The pluses for US are: Its huge R&D base, its innovative spirit, unexplored Natural Resources that no other country has got, its Military Might, its youth.

[narsayya]

[quote name='worstandhra' timestamp='1370077072' post='1303812211']
This is bound to happen as millions of people led an almost luxurious life for decades with out any productive work.
But, but US is not so all easy to be blown up. The reason: Its Dollar.
Dollar is the mostly used currency for international transactions. The real danger lies if some one like Saddam or Gaddaffi comes out with an alternative to float. Then with their military Might, they would kill them, making again the Dollar the defacto Standard. This will happen for quite some time. Though we cannot promise this to happen for centuries.

The pluses for US are: Its huge R&D base, its innovative spirit, unexplored Natural Resources that no other country has got, its Military Might, its youth.
[/quote]

yes, US is still the best country in the world.

Although this focus on 'jobs', like barrel scraping socialist countries will do it more harm than good.

R&D, innovative spirit can easily be transferred to other countries if the business climate is right. natural resources is definitely a plus.

US at best will settle into northern european style welfare system. for that, either taxes have to be increased, or resources nationalized, which will make its brightest minds flee the country. But where will they flee to.

Its interesting times for the US.

I guess Elon Musk will find a way to colonize mars and take all the brilliant people out of US. lol. After he gets his electric car right.

[worstandhra]

[quote name='narsayya' timestamp='1370080866' post='1303812222']
yes, US is still the best country in the world.

Although this focus on 'jobs', like barrel scraping socialist countries will do it more harm than good.

R&D, innovative spirit can easily be transferred to other countries if the business climate is right. natural resources is definitely a plus.

US at best will settle into northern european style welfare system. for that, either taxes have to be increased, or resources nationalized, which will make its brightest minds flee the country. But where will they flee to.

Its interesting times for the US.

I guess Elon Musk will find a way to colonize mars and take all the brilliant people out of US. lol. After he gets his electric car right.
[/quote]

Yes, most of the development made by US in last 50 years overshadowed the same done in last 300-400 years, the main reason being migration of Jewish Intellectuals and Jewish Investors after WW-II in Western Europe leaving Europe loosing all its credibility. Except Germany in Western Europe no other country seem to have any glory left with them.

Now the only question left is: Where will those Investment Banks (owned by Jews) move to ? Which is next Country? Surely India will not be their destination as its very difficult to read India. and its an uncertain country. Russia will not allow them, Probably Canada, Australia and NZ will be their choice but their main business counterpart is US itself. But as you said its very interesting to see next 50 years.

But still US has an edge:
US has got enough fresh water that is sufficient to supply drinking water for almost all the global population. So it can fall back to Agriculture in the event of Jewish emigration.
Even though there are N number of problems with US debt, there is a Ray of Hope in the form of Energy Sources they found recently. If Shale Gas exploration comes in to production, then by 2030, US will be NET EXPORTER of Energy. With that they can almost wipe off their debt or in the worst case can stop accumulating further debt.

[Truth_Believer]

[quote name='narsayya' timestamp='1370064507' post='1303811979']
I don't think so. US will probably settle into Japan style stagflationary economy, with decimal point growth rates in the near future.

It'll never implode, because new immigrants are still lining up to come to the US. Large deposits of natural gas recently found. And because there is no other alternative to the US. All countries are ** at different levels.

For tech entrepreneurs, US will still be the place to go. However if some country comes up with lesser restrictions on business out of the blue, US will be well and truly ** then. It's not going to happen.
[/quote]

Yes how much ever we find negatives in US but as off now it is still the leader for free market and embracing immigrants. But if you look at recent immigration reform for 11 million mexicans legalization u know where it is going. There is a difference in immigrants who established themselves few generations back and the ones that come now from South America and Asia exploiting the US 14th amendment.

If you see the dictatorial and lying attitude of the current Muzzie President in white house right from Fast and Furious case to Benghazi attacks and hell bent on deciding the fate of healthcare industry with a unproven socialist medicine he is taking this country to a dead end with eternal debt. Already small business owners are laying off or reducing the work hours to escape the obamacare mandate that started affecting the economy and jobs. Here is a simple depiction of whats going on

[b]Interviewer:[/b] Why do u love Obama?
[b]Women:[/b] I love Obama because now i can get health care even thought i am unemployed

[b]Interviewer: [/b]Why are u unemployed?
[b]Women:[/b] I got laid off because my employer can't afford to pay for Obamacare

As you rightly said even if Elon Musk want to go to Mars i wondered why can't Aliens find us easily then i thought "[b]Oh Aliens might be in search of a planet with intelligent race and i think we are not on their list :-)[/b]"

[accuman]

gP