Welcome To The Jungle: My State Of The Union Address

As part of a soon to be released series of collages titled "Perception Is Reality" I have gathered the following data statistics. Organized into statistical groupings to provide context and a better understanding of their significance, these data sets paint a horrifyingly clear portrait of the political, social and economic crisis that currently has our country in a stranglehold. Despite what President Obama may say tonight in his State of The Union address and whatever the GOP will say in response, here is my State of The Union presented by the numbers in the form of fact checked statistics. Welcome to the jungle...


US Corporations are currently sitting on nearly $2 Trillion dollars in cash.

In the past decade Fortune 100 companies have laid off 2.9 Million American workers and hired 2.4 Million oversees.

More than a $100 Billion a year is given by the US government to businesses in loopholes, credits, and incentives.

More than 80 of America's largest 100 publicly traded companies make use of offshore tax havens, which cost US taxpayers $100 Billion a year.

60% of US businesses with profits of $1 Million are structured as "pass throughs" and do not pay US taxes.

Corporate tax collections in the US in 2010 amounted to just 1.3% of GDP, in 1952 it was 6.1%

General Electric earned $14.2 Billion in profits in 2010 and paid zero dollars in US taxes.

GE laid off 21,000 American workers and closed 20 factories between 2007-2009 and more than half of GE's workforce is now outside the US.

Mitt Romney paid a 13.9% effective income-tax rate in 2010 on $21.7 Million in reported earnings.

Newt Gingrich paid an effective tax rate of 31.7% on a reported total income of $3.16 Million in 2010.

President Obama paid an effective tax rate of 25.3% on $1.8 Million in earnings in 2010.

Under 2012 presidential candidate Newt Gingrich's tax plan, which eliminates taxes on capital gains, dividends and interest, Romney's effective tax rate would be near zero and only his speaker fees ($374,000) would be subject to a 15% tax rate.

From 2001 through 2010, the Bush Era Tax Cuts amounted to $2.6 Trillion in lost revenue and we have spent more than $400 Billion on increased interest to finance the debt created by the Bush tax cuts.

Between 2001Q4 and 2007Q4, the US economy experienced the worst economic expansion since WWII.

If the Bush Era Tax Cuts expire at the end of 2012, $3.8 Trillion will be made in new revenue in a decade.

The US national debt is currently $15 Trillion.

An average of 750,000 jobs were lost a month between December 2008 and April 2009. By the time job losses stopped, a year after Obama took office, The Great Recession had cost the economy 8.8 Million jobs.

50,000 factories in the US have closed in the past decade.

6 Million manufacturing jobs have been lost in the past decade.

American manufacturing employment peaked in 1979 at 19.6 million jobs. Today there are only 11.8 million manufacturing jobs, a decline of 40% since the peak.

Private sector Union membership in America is 6.9%, down more than 20% from 30 years ago.

The US has a $500 Billion trade deficit in manufactured goods.

The service sector, for which our economy is based, accounts for only 20% of world trade.

In 2011 nearly half of America's public schools didnt meet federal achievement standards, the largest failure since No Child Left Behind took effect a decade ago.

On a state level, the highest failure rate of 89% was recorded in Florida

In 2010 Florida Governor Rick Scott cut $1.35 Billion in education spending from the state budget.

Today, workers with just a college degree and no further degrees are less likely to get work place health coverage than workers with only a high school degree were in 1979.

In 1979 the average college graduate made 38% more than the average high school graduate. Today, the average college graduate makes more than 75% than the average high school graduate.

From 2004-2009, 85% of growth in Research and Development workers employed by US based companies has been abroad.

56% of the world's engineering degrees awarded in 2008 were in Asia, compared with 4% in the US.

57% of US doctoral degrees in engineering in 2009 went to foreigners, mostly from East Asia and India.

More than 40% of Fortune 500 companies were founded by immigrants or their children. These companies generate more than $4 Trillion in annual revenue.

The US awards annually only 85,000 H-1B visas for highly skilled workers. More than that number have been know to apply on the first day of application.

1.1 Million deportations have occurred since President Obama took office. This is the highest number in 6 decades.

There are 21.3 Million Latino voters in the US.

More than 1 in 10 Americans lack a government issued ID.

As many as 5 Million Americans will find it significantly more difficult to cast a ballot this election.

Ronald Regan won relelection in 1984 with 7.4% unemployment.

More than 220,000 Iraq and Afghanistan veterans are out of work.

Total cost of Iraq War = 4,400 American lives and $800 Billion.

Less than 1% of American population is in active military duty.

18 war veterans commit suicide everyday. 1 every 80 mins.

22% of all suicides in the US are former service members.

With Facebook's IPO the company has been valued at $100 Billion. Facebook has 3,200 employees.

McDonald's stock is also valued at $100 Billion, with 400,000 employees.

According to labor statistics, if all current jobs openings were filled tomorrow, nearly 10 Million Americans would still be jobless.

Average after tax income for the top 1% of US households has increased 275% from 1979 to 2007. While those in the bottom 20%, income grew only 18%. (Annual income of $343,000 or more qualifies as the 1%)

In 2010, the top 1/5th of US households collected 50.3% of all the nation's income. The lowest 1/5th collected just 3.3% of the nation's income.

The richest 20% of Americans own more than 80% of the country's wealth, while the poorest 20% own 1/10th of the country's wealth.

49 Million American are living in poverty, the highest number in the 52 years the Census Bureau has been publishing figures on poverty.

Nearly 97.3 Million Americans fall into the low-income category, defined as earning 100-199% of poverty level ($11,282 for an individual and $24,343 for a family of four).

Combined, 146.4 Million Americans, 48% of US population, are poor, either living in poverty or classified as low income. (US population: 312 Million)

25 Million Americans are unemployed or without full time work.

Unemployment benefits last 99 weeks and cost the US $156 Billion in 2010.

Average duration of unemployment is 41 weeks, the highest in 60 years.

From 2005-2009, Millionaires collected $74 Million in unemployment benefits.

Unemployment in Spain is 22.8%

Unemployment in Germany is 6.8%

Eurozone countries account for 40% of Germany's exports, China only consumes 7%.

Youth unemployment in the European Union is 22.1%.

Youth without education, employment or training cost countries in the EU €2 Billion per week.

Youth unemployment in Spain is 48.7%

Black youth unemployment in America is 46.5%

Median household income in the US has fallen 6.4% since 2007, the year before the recession.

The Chinese save 40% of their incomes, Germans save 11%, Americans save below 4%.

152 Million Americans shop in the 3 days following Thanksgiving.

American holiday shoppers, both retail and online, spent a record $52.4 Billion on Thurs-Sun Thanksgiving weekend.

Credit card balances crept up to $798.3 Billion in November.

1% of small business owners have an adjusted gross income over $1 Million a year.

China has the second largest amount of Billionaires in the world, the US is first.

China invests 46% of its GDP in its future, while the US invests 12%.

In the early 1950s, US government devoted about 1.2% of GDP to infrastructure, by 2010 that amount had fallen to just 0.2%.

Federal spending on research and development dropped from a high of nearly 2% in 1964 to 0.9% in 2009.

The current federal income tax rate for the 400 wealthiest taxpayers, aka the 0.000258%, fell from 30% in 1995 to 18% in 2008.

For the past 30 years health care spending costs grew 2% faster than the US overall economy.

In 2009, 50 Million Americans under 65 were without health insurance.

In 2010 the US spent $2.6 Trillion on health care.

Medicaid accounted for 22.3% of state spending in 2010.

10,000 Americans retire everyday.

By 2030, there an estimated 80 Million people to be on Medicare.

Baby Boomers born in 1946 turned 65 in 2011. (Baby Boomers: born 1946-1964)

In 2010, CEOs at the largest US companies made on average 343 times the pay of the average worker.

In 1978, CEOs made 35 times the pay of the average worker.

In Germany, CEOs make on average 11 times the pay of the average worker.

The financial services industry spent $2.3 Billion on federal campaign contributions from 1990-2010. This is more than what the health care, energy, defense, agriculture and transportation industries combined spent on campaign contributions.

Wall Street has spent $5 Billion on lobbying efforts to deregulate the banking industry.

28% of American mortgages are underwater.

In 2010 there are 10 Million vacant properties in America, up from 7 Million in 2000.

Only 11.6% of Americans moved between 2010-2011, the number of Americans who moved in 1985 was 20%.

Households with more than $1 Million in income claimed more than $27 Billion in mortgage interest deductions.

90% of the 115.9 Million homes with TV in the US subscribe to basic cable.

$12.5 Million was spent on Iowa Caucus television ads.

Rick Perry and his super PAC spent $4.23 Million on television ads in the month of December.

Perry earned 10.3% of votes in the Iowa Caucus, costing him $332 a vote.

Minimun wage in Iowa is currently $7.25. A 40 hour work week before taxes at this rate is $290.

The average American collected $295 in weekly unemployment benefits in 2010.

Global emissions of carbon dioxide from fossil fuel burning rose by 5.9% in 2010, the largest amount on record.

Land temperatures have risen 1.8 degrees since 1950.

The total economic loss of global natural disasters in 2011 was a record $380 Billion.

House Republicans voted 168 times (as of Oct. 15, 2011) this year to undercut clean air and water laws while blocking efforts to limit global warming, protect public lands and guard against future oil spills. They have been called the "most anti-environment congress in history."

The cost of 100 Senators and 435 House of Representatives is about $2.2 Billion a year, $7 per capita.

There are 249 Millionaires in Congress and the estimated median net worth of a current US Senator stood at an average of $2.56 Million.

76% of Americans say 2011 was the worst year of their lives.

69% of Americans say the country is headed in the wrong direction.

Congress has a 9% approval rating.