Downfall of US Economy in Figures and Facts
Late last year a publication made public 100 figures and facts showing the downfall of the U.S. economy. Saying the U.S. economy is floundering in corruption, misappropriation and debt, the publication pointed out lots of businesses and jobs disappeared in the U.S. Poor people are increasing explosively across the country from the area on the Atlantic to those on the Pacific.
The United States has become a laughing stock of other countries.
◇ Debt on the increase
Now the debt of the United States increased 4 700 times that of 1913 when the U.S. Board of Governors of Federal Reserve System was founded.
Meanwhile, U.S. dollar is devaluated in a planned way by the board.
A commodity that was sold at 29US $ in 1913 is now sold at 457.67 US$.
Since 1976 the United States has got into the red in foreign trade every year, totalling over 750 billion dollars at present.
Debts of American families are 154 % higher than their income.
◇ The richer got richer and the poor poorer
The wealthy classes in the United States, 1% of its population, own more than one third of the national property.
The rate of congressmen millionaires is over 50 times that of ordinary milionaires.
The average pay of chief executives of the top class businesses in 2010 was 343 times that of ordinary Americans. On the contrary, the total property of the poorest Americans was only 2.5% of the national property.
In 2010 the poor increased by 2.6 million, the greatest since 1959 when the statistics began to be taken.
◇ Jobs on the decrease
During 1991-2007 the number of applications for business bankruptcy of Americans, 65-74 in age, increased by 78%.
In December 2006, private business was managed by 16 600 000 men, but now by 14 500 000.
Between December 2000 and December 2010 jobs decreased by 38%, 42% and 48% respectively in Ohio, North Carolina and Michigan.
◇ Children forsaken by society
Over 500 000 children are homeless.
At least 30% of children in 314 counties are on the verge of malnutrition. In Washington, in particular, 32.3% of children are in the state of malnutrition.
In 2010 the rate of poor children increased by 22%.
◇ People's mindset
According to data available, 80% of Americans think that the economy of their country has already declined.
90% recognize the economic situation of their country as deplorable.
The rate was only 11% in January 1999.
Facts prove that the United States, so called an economic giant, is falling downward.
Rodong Sinmun
U.S.－Kingdom of Crimes
The United States is stigmatized as a kingdom of all crimes such as gun-related incident, man-killing and trampling of human rights. Now, the U.S. set another world record.
Not long ago, a research center of Essex University of Britain clarified that the U.S. takes the first place in the number of prisoners.
The U.S. has 2 290 000 prisoners, one fourth of the prisoners altogether in 218 countries.
The number of prisoners is also 734 per 100 000 of population, recording another highest figure in its rate.
Deploring voices can be heard within the U.S.
The chief in charge of the U.S. of an international human-rights supervisory organization said, "It is an unenviable record".
The U.S. newspaper New York Times commented it as a disgraceful record.
A professor of the New York University expressed his concern, saying, "The U.S. is becoming an all the more salient military police state."
The U.S. society where extreme individualism is prevailing, immorality and depravity is naturally giving rise to crimes and prisoners.
Even Statue of Liberty Would Lament
The Voice of America has recently reported of the top ten shocking incidents of 2011.
One of them is a crime of a woman who killed her two-year old daughter and concealed it for a month, only making feast.
The brutal temperament of trampling down human life was revealed in a family. It would really make the Statue of Liberty lament.
What makes people surprise more is the judgment of a judiciary organ on that case of murder.
The US judiciary organ passed a decision of "non-guilty" upon her, saying that there was no concrete evidence that the mother committed the murder in person. It means that a murder without evidence is not accused. Such a decision can be given only in the United States, the kingdom of crimes.
The other day a publication said Americans think of marriage and child problems separately, lamenting that they threw into a dustbin long ago their responsibility for bringing up children.
In this view the US judiciary organ's decision is none for suspicion.
The United States is a "dirt society" that should be thrown into the dustbin of history.
Jin Chol
So Nam Il
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