16 NEW RECORDS THAT THE AMERICAN ECONOMY HAS SET DURING THE PAST 12 MONTHS – AND THEY ARE ALL BAD
Photo by Eric Bartholomew
The following information was found at The American Dream and the link to the article is listed below.
This information does not surprise me at all. Although I distance myself as far as I can from the “name it claimers,” I relate these financial problems to spiritual ones. Number 13 is a social ill that affects many of these numbers greatly. If folks saw marriage the way God does, we wouldn’t be in near as big a fix. Marriage is so important to God that he relates it to His relationship with believers.
No. 4 means that more than one in nine Americans get food stamps. No. 16 means that none of these numbers, unless artificially “doctored,” will get any better soon.
Giving to charities was down 11% last year. This is a record since statistics have been kept and is not included in the 16 records below.
These numbers point to something I’ve called the root of our problem all along. How can God bless a nation that’s turned its back on Him?
CR
#1 U.S. banks repossessed a record total of 102,134 homes in September. That was the very first time that home repossessions in the United States have ever surpassed the 100,000 mark during one month.
#3 Household spending for the middle fifth of all U.S. income earners was down 3.5% in 2009. That was the steepest one year decline since records began being kept back in 1984.
#4 The number of Americans enrolled in the food stamp program passed the 41 million mark for the first time ever during the month of June.
#5 The number of Americans enrolled in the food stamp program has set a new all-time record for 20 consecutive months.
#6 The Census Bureau says that 43.6 million Americans are now living in poverty and according to them that is the highest number of poor Americans that they have ever recorded in 51 years of record-keeping.
#7 According to the Associated Press, experts believe that in 2009 the U.S. poverty rate experienced the largest single year increase since the U.S. government began calculating poverty figures back in 1959.
#8 It is projected that the major financial firms on Wall Street will pay out an all-time record of $144 billion in compensation for 2010.
#10 As of last March, U.S. banks had an inventory of 1.1 million foreclosed homes, which was a new all-time record and which was up 20 percent from one year earlier.
#11 The number of Americans working part-time jobs “for economic reasons” is now the highest it has been in at least five decades.
#12 Earlier in 2010, the average time needed to find a job had risen to a record 35.2 weeks.
#13 As millions of Americans struggled just to survive in this economy, the number of marriages fell to a record low in 2009.
#14A record 50 million Americans are now on Medicaid, the U.S. government health care program designed principally to help the poor.
#15 Americans now owe more than $849 billion on student loans, which is a new all-time record.
#16 The U.S. government has accumulated a national debt that is rapidly approaching 14 trillion dollars. The U.S. national debt sets a new all-time record every single month with no end in sight.
This entry was posted on Sunday, October 17th, 2010 at 5:17 PM and is filed under Bible Prophecy, Commentary, News. You can follow any responses to this entry through the RSS 2.0 feed.
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16 NEW RECORDS THAT THE AMERICAN ECONOMY HAS SET DURING THE PAST 12 MONTHS – AND THEY ARE ALL BAD
The following information was found at The American Dream and the link to the article is listed below.
This information does not surprise me at all. Although I distance myself as far as I can from the “name it claimers,” I relate these financial problems to spiritual ones. Number 13 is a social ill that affects many of these numbers greatly. If folks saw marriage the way God does, we wouldn’t be in near as big a fix. Marriage is so important to God that he relates it to His relationship with believers.
No. 4 means that more than one in nine Americans get food stamps. No. 16 means that none of these numbers, unless artificially “doctored,” will get any better soon.
Giving to charities was down 11% last year. This is a record since statistics have been kept and is not included in the 16 records below.
These numbers point to something I’ve called the root of our problem all along. How can God bless a nation that’s turned its back on Him?
CR
#1 U.S. banks repossessed a record total of 102,134 homes in September. That was the very first time that home repossessions in the United States have ever surpassed the 100,000 mark during one month.
#2 The price of gold hit another record high on Thursday as the U.S. dollar continues to get even weaker.
#3 Household spending for the middle fifth of all U.S. income earners was down 3.5% in 2009. That was the steepest one year decline since records began being kept back in 1984.
#4 The number of Americans enrolled in the food stamp program passed the 41 million mark for the first time ever during the month of June.
#5 The number of Americans enrolled in the food stamp program has set a new all-time record for 20 consecutive months.
#6 The Census Bureau says that 43.6 million Americans are now living in poverty and according to them that is the highest number of poor Americans that they have ever recorded in 51 years of record-keeping.
#7 According to the Associated Press, experts believe that in 2009 the U.S. poverty rate experienced the largest single year increase since the U.S. government began calculating poverty figures back in 1959.
#8 It is projected that the major financial firms on Wall Street will pay out an all-time record of $144 billion in compensation for 2010.
#9 In July, sales of new homes in the United States declined to the lowest level ever recorded.
#10 As of last March, U.S. banks had an inventory of 1.1 million foreclosed homes, which was a new all-time record and which was up 20 percent from one year earlier.
#11 The number of Americans working part-time jobs “for economic reasons” is now the highest it has been in at least five decades.
#12 Earlier in 2010, the average time needed to find a job had risen to a record 35.2 weeks.
#13 As millions of Americans struggled just to survive in this economy, the number of marriages fell to a record low in 2009.
#14 A record 50 million Americans are now on Medicaid, the U.S. government health care program designed principally to help the poor.
#15 Americans now owe more than $849 billion on student loans, which is a new all-time record.
#16 The U.S. government has accumulated a national debt that is rapidly approaching 14 trillion dollars. The U.S. national debt sets a new all-time record every single month with no end in sight.
http://endoftheamericandream.com/archives/16-new-records-that-the-american-economy-has-set-over-the-past-12-months-and-they-are-all-bad
U.S. and World Population “clock:”
http://www.census.gov/main/www/popclock.html
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This entry was posted on Sunday, October 17th, 2010 at 5:17 PM and is filed under Bible Prophecy, Commentary, News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.