According to the US Treasury department, the national debt has reached US$13 trillion. But the real national debt is actually $74 trillion. Besides the debt that is mathematically impossible to repay, here are other facts that shows you that America is not really the great country it used to be:

• 40.2 million Americans are on food stamps in March 2010. According to a projection, 43.5 million will be on food stamps by 2011. That is nearly 15 percent of the total population.
• The real unemployment rate as of July 2010 is 28.6% .
• 45.9% of people that are unemployed have been without any jobs for more than 6 months.
• More than 1 million Americans are going to loose their homes into foreclosure in 2010.
• High-school drop out rates is at all-time high. 7,000 students drop out of school every day. It is essential for a country to have their people graduate at least from high-school. As Obama stated, “Graduating from high school is an economic imperative.”

With the whole country struggling just to get by, Americans pay taxes which is over 10 trillion US dollars and nobody every knows where all that hard-earned money goes to. Probably the private banks?

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