1) First U.S. Debt Downgrade in American History.
2) Highest Level of Federal Spending since WWII (25% of GDP).
3) Highest Budget Deficit since WWII (10% of GDP).
4) Lowest level of Employment since 1983 (58.1% of Adults Working).
5) Highest Long Term Unemployment Rates since the 1930's (45.9% of Total Unemployed for Six Months or Longer).
6) Median Income Is At Its Lowest Level Since 1997.
7) Number Of People (over 16) Who Didn’t Work At All Last Year Increased To 86.7 Million.
8) Number Of Americans Living In Poverty (46.2 Million) the Highest Level On Record.
9) Child poverty rose from 20.7 percent in 2009 to 22 percent last year.
10) Economy added no jobs in August the first time since February, 1945.
Sep 17, 2011
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