John Hawkins
20) As baby boomers retire and health costs rise, this spending will mount. In 2010, there were 40 million Americans 65 and older. By 2020, that number is projected to be 55 million; by 2030, 72 million. -- Robert Samuelson

19) A college degree used to mean that a person would add on average $1 million to their income over their lifetime. Today a college degree only guarantees an average $300,000 in added income over a lifetime. -- Ron Meyer

18) J.P. Morgan estimates that American companies currently hold a cool $1.7 trillion in profits outside the U.S. They keep them there because if they brought them home, they'd be taxed at 35%. -- The Wall Street Journal

17) Federal spending under Obama has been 24 percent to 25 percent of gross domestic product. Even in World War II, revenues never reached that level. Since that war, the highest level was 20.6 percent of GDP in 2000, when the government was flush with tax revenues from the capital gains of dot-com founders. -- Michael Barone

16) Surging above $1 trillion, U.S. student loan debt has surpassed credit card and auto-loan debt. This debt explosion jeopardizes the fragile recovery, increases the burden on taxpayers and possibly sets the stage for a new economic crisis. -- APNews

15) In 1960, the percentage of the economically active 18-to-64 population receiving disability benefits was 0.65%. In 2010, it was 5.6%. -- Michael Barone

John Hawkins

John Hawkins runs Right Wing News and Linkiest. He's also the co-owner of the The Looking Spoon. You can see more from John Hawkins on Facebook, Twitter, Pinterest, G+, You Tube, and at PJ Media.