Is This Your Economic Recovery?

Well, I keep hearing on the liberal lame stream media that we are in an "economic recovery". Boy that sounds great, but I wonder how they explain these facts.

1. Forty-four million people are are now on food stamps. This is up 13.1% from this time last year.

2. The U.S. trade deficits are getting larger. The trade deficit increased by 33% from 2009, and it is expected to grow even larger in 2011.

3. The housing market continues to suck I mean stink. The new year has brought little cheer to new-home builders: Their sales fell a shocking 11.2% between December and January and 18.6% from 12 months earlier.

4. Thank goodness that the government is stepping in to save the housing industry as we now guarantee or are writing close to 97% of all mortgages in the United States.

5. The U.S. National debt continues to grow at a rapid pace, more that a million dollars per minute. In fact, the budget deficit is projected to reach an astounding $1.65 TRILLION.

6. Foreclosures continue to rise at a rapid rate. It has been reported that just last year over a million families were foreclosed on in 2010.

7. The health of household budgets declined each quarter in 2010 and is at the lowest level since the first quarter of 2009.

8. According to the liberal leaning Huffington Post, there are approximately 15,000 empty buildings in Chicago and over 60,000 vacant homes in Las Vegas.

9. We know that there are several states that are in financial trouble, California and New Jersey and Illinois come to mind. But are you aware that there are several cities and municipalities that are in trouble as well.

10. Quantitative Easing 1 and 2 have gotten us nothing. Here are 9 reasons why QE is bad for the economy.

11. Prices for consumables are getting higher. Corn has increased 33% since December 2010. Cotton is at an all time high. Oil is up to $105 a barrel and is expected to rise with all the turmoil occuring in the Middle East.

12. The unemployment rate is predicted at 10.3% by Gallup and above 20% by shadowstats.com.

America is dying a slow and painful death. I cannot see a recovery in the picture. In case you do not remember one of my very first posts when I started this blog I explained what represents a trillion dollars. If you were to spend one dollar a second ($60 per minute or $3600 per hour), it would take you over 31,000 YEARS to spend one trillion dollars.

Tell me how you see a recovery happening!