How is the U.S. economy doing in 2012? Unfortunately, it is not doing nearly as well as the mainstream media would have you believe.But then again it IS an election year so all the stops are pulled to MAKE it look good. This bubble of false hope will not last for long.... The statistics listed below are presented without much need for commentary. They pretty much speak for themselves....you decide....

#1 As you read this, there are more than 6 million mortgages in the United States that are overdue.

#2 In January, U.S. home prices were the lowest that they have been in more than a 12 years.

#3 In Florida right now, some drivers are paying nearly 6 dollars snd 5 dollars in LA for a gallon of gas.

#4 On average, you could buy about 6 gallons of gas for an hour of work at minimum wage back in the mid-90s. Today, the average hour of work will get you less than 2 gallons of gas.

#5 Sadly, 43 percent of all American families spend more than they earn each year.

#6 According to Gallup, the unemployment rate was at 8.3% in mid-January but rose to 9.0% in mid-February....while Wall Street Journal Shows by the old figures we used just 10 years ago shows 23%...

#7 The percentage of working age Americans that have jobs is not increasing. The employment to population ratio has stayed very steady (hovering between 58% and 59%) since the beginning of 2009.

#8 If you gathered together all of the workers that are "officially" unemployed in the United States into one nation, they would constitute the 68th largest country in the entire world.

#9 When Barack Obama first took office, the number of "official long-term unemployed workers" in the United States was approximately 2.6 million. Today, that number is sitting at 5.6 million.

#10 The average duration of unemployment in the United States is hovering close to an all-time record high of 90 weeks.

#11 According to Reuters, approximately 23.7 million American workers are either unemployed or underemployed right now.

#12 There are about 88 million working age Americans that are not employed and that are not looking for employment. That is an all-time record high.

#13 According to CareerBuilder, only 23 percent of American companies plan to hire more employees in 2012.

#14 Back in the year 2000, about 20 percent of all jobs in America were manufacturing jobs. Today, about 5 percent of all jobs in America are manufacturing jobs....Source

#15 The United States has lost an average of approximately 50,000 manufacturing jobs a month since China joined the World Trade Organization in 2001. Source

#16 Amazingly, more than 56,000 manufacturing facilities in the United States have been shut down since 2001. Source

#17 According to author Paul Osterman, about 20 percent of all U.S. adults are currently working jobs that pay poverty-level wages.

#18 During the Obama administration, worker health insurance costs have risen by 23 percent.

#19 An all-time record 49.9 million Americans do not have any health insurance at all at this point,(Source) and the percentage of Americans covered by employer-based health plans has fallen for 11 years in a row. Source

#20 According to the New York Times, approximately 100 million Americans are either living in poverty or in "the fretful zone just above it".

#21 In the United States today, corporate profits are at an all-time high. The percentage of Americans that are living in "extreme poverty" is also at an all-time high according to the U.S. Census Bureau.

#22 In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined.

#23 The poorest 50 percent of all Americans now collectively own just 2.5% of all the wealth in the United States.

#24 The number of children living in poverty in the state of California has increased by 30 percent since 2007.

#25 According to the National Center for Children in Poverty, 36.4% of all children that live in Philadelphia are living in poverty, 40.1% of all children that live in Atlanta are living in poverty, 52.6% of all children that live in Cleveland are living in poverty and 53.6% of all children that live in Detroit are living in poverty.

#26 Since Barack Obama entered the White House, the number of Americans on food stamps has increased from 32 million to 46 million. Source

#27 Today, 46% of all Americans carry a credit card balance from month to month.

#28 In 1984, the median net worth of households led by someone 65 or older was 10 times larger than the median net worth of households led by someone 35 or younger. Today, the median net worth of households led by someone 65 or older is 47 times larger than the median net worth of households led by someone 35 or younger.

#29 If you can believe it, 37 percent of all U.S. households that are led by someone under the age of 35 have a net worth of zero or less than zero. Source

#30 Overall, Americans are carrying a grand total of $798 billion in credit card debt. If you were alive when Jesus was born and you spent a million dollars every single day since then, you still would not have spent $798 billion by now.

#31 According to a recent study conducted by the BlackRock Investment Institute, the ratio of household debt to personal income in the United States is now 154 percent. Source

#32 According to a recent study conducted by the BlackRock Investment Institute, the ratio of household debt to personal income in the United States is now 154 percent. Source

#33 A staggering 48.5% of all Americans live in a household that receives some form of government benefits. Back in 1983, that number was below 30 percent. Source

#34 Right now, the U.S. national debt is increasing by about 150 million dollars every single hour. #35 The U.S. debt to GDP ratio has now reached 101 percent.

#35 The U.S. debt to GDP ratio has now reached 101 percent.