Economy

This is the 5th in a series of 100 useful facts about big issues facing American voters which are being presented by www.FaceTheFactsUSA.org every day until the election to help Americans debunk myths, hold better conversations, get involved, and make choices as smarter citizens. Today's facts are related to Jobs and the Economy.

Americans drive nearly twice as many miles as they did in 1980, but miles of public roads have increased 6% and, as such, we spend more than twice as much time in traffic congestion as we did in 2010.

We are facing a crisis in Europe that is far, far worse than 2008. [It is so bad that,] before it ends, it is quite possible that we will see the entire western financial system collapse and a new system put into place. Words: 912

Nowadays, with the global recession on the tip of everybody's tongue, we point out in this infographic some scary similarities between the Great Depression and what is now commonly referred to as the Great Recession...Are we headed down the path to another Great Depression?

100 days of facts! One new straight-up fact every day until the election from FaceTheFactsUSA.org to help Americans debunk myths, hold better conversations, get involved, and make choices as smarter citizens. Here is Fact #2 with supporting substantiation.

Face the Facts USA is delivering 100 provocative facts about big issues over the next 100 days leading up to the November elections to help Americans debunk myths, hold better conversations, get involved, and make choices as smarter citizens. Here is Fact #1 with supporting substantiation.

This short video - on the unsustainability of government spending - should be watched by everyone, including those not yet old enough to vote. It should be shown in every high school and college classroom. Anyone that cannot understand this presentation should not be allowed out without a guardian.

We are in the latter stages of the debt death spiral where debt and interest payments can only be made by adding more debt. This process has a sure ending. Like the flush of a toilet, the spiral goes faster and faster until it finally ends. [Let me put forth just how serious the problem is.] Words: 431

We are in the latter stages of the debt death spiral where debt and interest payments can only be made by adding more debt. This process has a sure ending. Like the flush of a toilet, the spiral goes faster and faster until it finally ends. [Let me put forth just how serious the problem is.] Words: 431

The evidence of a slowdown has become so overwhelming it is difficult to avoid the conclusion that we are headed for a recession. We cite the following as evidence. Words: 548