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retireat40

12/01/13 1:59 PM

#1103 RE: amadeus #1096

We can do this all day:

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.

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

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.

Incredibly, more than 56,000 manufacturing facilities in the United States have been permanently shut down since 2006.

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.

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

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.

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

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.

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

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.

Back in 2003, the bottom 95 percent of all income earners in the United States had 82 cents of debt for every dollar that they earned. By 2012, that figure had soared to $1.48.