Recession isn't over

[Aquagraph]

The following statistics are from the US unless otherwise noted.

Obama administration has accumulated more nominal debt (note: inflation not accounted for) than all the presidents from Washington to Clinton.

Consent of the governed.. Yeah right. People like TSA better than the Congress.

Employment is almost back in the levels when women were not expected to work:

If you happen to find yourself a job, you also get less paid in comparison to the economy:

War on Poverty started in 1964 when the poverty had been lowering steadily for a few years already:

This is basically the sum price for social programs by the government:

But don't worry, federal government is coming to the rescue:


Also 20% of all jobs in 2000 were manufacturing jobs which has traditionally been effective in climbing to the middle class. After the recession only 5% are such jobs.

During the last recession 60% of jobs lost were midwage jobs. 58% of the jobs created after are low-wage jobs.

United States has lost approximately 50000 manufacturing jobs per month since China joined the WTO. The government doesn't let you compete with those with lower wages than the minimum wage which bars entry to the job market for many unskilled young people.

55% of small business owners say that they would not start a business in the United States of today and 71% of them still believed in 2013 that the US is still in recession.

23% of the Americans believe that the "government is the solution to the problem" and 64% believe that "the government is the problem". Wonder why this isn't reflected in politics. Or maybe the other party is just the "wrong kind of government".

The average federal worker earns 60% more than the average wage in the private sector. This is of course seen in the taxes of today or paid with debt which will be taxed from the future generations. As a thumbrule, government jobs don't create wealth, but they do ensure votes for the expansionist government.

The US share of global GDP has fallen from 31,8% in 2001 to 21,6% in 2011.

In 2013 every fourth American worker earned less than 10 dollars per hour or less. Not to worry, Obama has already suggested raising the minimum wage to 10,10$. Maybe the inflation will make it more sensible.

In 2013, 33% had less than $10.000 saved for their retirement and 28% don't have any money saved for emergencies.

US has a higher percentage of workers doing low wage jobs than any major industrialized nation has.

About one-third of Americans aren't paying their bills on time.

Average debt of the households that have credit debt was an average of 15,799USD in 2013. Total credit debt of Americans is more than 800 billion dollars.

Between 2001 and 2007, 66% of the income growth went to top 1% of the wealthiest Americans.

Corporate profits are at an all-time high and so are the percentages of the Americans living in "extreme poverty" according to the U.S. Census Bureau.

Every 6.5 American is on food stamps and 49% of Americans live in a home where they receive financial assistance from the Federal Government.

Around 57 percent of children are living in homes considered "low income" or impoverished.

The way to calculate the Consumer Price Index from raw data is not available to the public and is probably being tampered with in order to keep the social program costs that are tied to inflation down. Official yearly inflation is around a bit more than 1 percent.

Also, over the last 30 years government has changed the way they calculate the CPI over 14 times. Source, page 3.

According to The World Economic forum, the wealthiest one percent in the US captured 95 percent of post-financial crisis growth since 2009, while the bottom 90 percent became poorer. Globally, the 85 richest own as much as the bottom half of the world.

As of 2011, bank bailouts were almost twice the US GDP: 29,000,000,000,000 dollars.
Twice the GDP of the USA. That's more than 90,000 dollars per every American. As with all government spending, if you won't pay it, your children will.