Here are the facts from the census bureau as reported by the Wall Street Journal.
– the income of the typical American family has dropped for the third year in a row, is at the same level as 1996 when adjusted for inflation and 7% below its peak in 1999
-income of a household considered to be at the statistical middle fell 2.3% to an inflation-adjusted $49,445 in 2010
-Earnings of a typical man who works full-time year round are lower than in 1978 when adjusted for inflation
-Women are making 77 cents for every dollar earned by comparably employed men and their median incomes rose in 2010
-22% of American children live below the poverty line, up from 20.7% in 2009, and the biggest percentage since 1993 ( thought this significantly overstates poverty my mission government transfers)
-US per capita net worth is $169,691, up from $147,889 in 2007
-14 million Americans remain unemployed
-16.3% of Americans do not have health insurance, or 49.9 million people.
-5.9 million Americans between 25 and 34 (14.2% of that group) lived with their parent in Spring 2011, compared to 4.7 million (11.8%) before the recession
– the results from the college entrance exam, taken by about 1.6 million students, revealed that only 43% of students posted a score high enough to indicate they were ready to succeed at college.
(for many more FACTS check out the resource section of this web-site)