According to the report, entitled "Cost of the Crisis", the financial and economic crisis cost Americans $12.8 trillion.
The report also highlights the current impact to the U.S. economy, including:
• 23.1 million Americans, or 15% of the public, are out of work or unable to find full-time jobs using the broadest measure of unemployment, or U-6.
• 9.3 million Americans have lost their health insurance.
• 11 million homeowners, almost 1 in 4, are saddled with mortgages higher than the value of their homes.
Is there a question here? Or should one merely say, "Ain't it awful!?"
"9.3 millions"? What is the period covered by the report?
I think that most of the people holding mortgages older the a couple of years are under water...
Yes! Ain't is just AWFUL??? And who the hell cares? To a retired person like me, "Any day ABOVE GROUND is a good day." You wake up in the morning, and the day is yours.
The 2008 collapse took thirty years in the making... So the cost is still going to run for a while. We are sailing on a huge oil tanker at high sea. In order to bring to a stand still such a mass of fluid and steel, one needs hours and a few miles...
by Kathryn L Hill30 hours ago
"Make y o u r voice heard and VOTE !" Says K Rock! / 106.7 FM on recent get out and vote campaign ads. This radio station basically plays alternative rock geared toward the youth of the 90's...
by Susan Reid4 years ago
Just read the revised (upward, of course) number of Americans without health insurance. I'm hoping someone here can explain to me how this is better than Obamacare?Seriously.The number of people lacking health...
by Jerad Maplethorpe5 years ago
I am by no means asserting that our government orchestrated 9/11, but I would like to know how these terrorists living in caves on the other side of the world were able to pull off such a precise chain of events?Your...
by Doug Hughes5 years ago
Think about it. The National Debt as a percent of the GDP (Gross Domestic Product) under FDR went from 50% of GDP to 120% of GDP. Where did the money come from? We are currently financing the deficit by borrowing from...
by John Harper4 years ago
Would be interested to see what comments folk make about this video:http://www.youtube.com/watch?v=wFxc67bL … n&NR=1Dr. Pim van Lommel is a cardiologist who has experienced many patients having near death...
by ledefensetech7 years ago
http://www.investorsdailyedge.com/are-u … iling.htmlLooks like foreign investors are finally starting to see the light and refusing to buy anymore debt. I wonder how the government plans to fund it's...
Copyright © 2016 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.