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The 20 Most Devastating Stats of 2012 In Quotes

Peter906 Wrote: Dec 18, 2012 11:29 PM
But of course it is Reagan and the Bushes, as well as Obama, that contributed to the debt (and to the growth of the gov't). Clinton (with a lot of help from the Repubs) did balance a few budgets ....
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...