Monday, June 18, 2012

The Economic Facts: Too Real To Ignore!

Don't be fooled by gimmicks. Here are the FACTS:

More Than 23 Million Americans Are Unemployed, Underemployed, Or Have Stopped Looking For Work. (Bureau Of Labor Statistics, www.bls.gov, 6/4/12)

"American Employers In May Added The Smallest Number Of Workers In A Year." (Timothy R. Homan, "Employment In U.S. Increased 69,000 In May," Bloomberg, 6/1/12)

Job Growth Has Declined In Each Of The Last Four Months. (Bureau of Labor Statistics, www.bls.gov, 6/15/12)

Since President Obama Took Office, Median Household Income Has Declined By $4,300. Bloomberg, 4/30/12)

Median Family Net Worth Has Hit A Two-Decade Low. It fact, it's down $40,000! (Martin Crutsinger, “Fed Report: Middle Class Net Worth Tumbles,” The Associated Press, 6/12/12)

“Americans Confidence In The Economy Fell The Most In Eight Months As Worries About The Weak Jobs, Housing And Stock Markets Continue To Rattle Them.” (“Consumer Confidence In The Economy Plunged In May,” The Associated Press, 5/29/12)

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