2/13/07

Sad State of the Union

ON WAR:
--Total US military expenditures (including in Iraq and Afghanistan) in 2006: $522 billion

--Total military expenditures of the World's 10 next top spenders combined: $386 billion
(Includes China, Russia, the UK, Japan, France, Germany, Saudi Arabia, South Korea, Italy, and Australia.)
--Center for Arms Control and Non-Proliferation. Feb. 16, 2006.

--Military Spending, over and above Iraq costs, in 2006: 48.7 percent
--Amount spent on Education in 2006: 6.7 percent
(White House Office of Management and Budget, Feb. 6, 2006)

ON ENERGY PRICES:
--Average price of home heating oil on Jan. 3, 2000: $1.15 per gallon
--Average price of home heating oil on Jan. 1, 2007: $2.42 per gallon
(U.S. Energy Information Admin. Jan. 4, 2007)

--Average price of gasoline on Jan. 3, 2000: $1.31 per gallon
--Average price of gasoline on Jan. 1, 2007: $2.38 per gallon
(U.S. Energy Information Admin. Jan. 5, 2007)

--Exxon Mobil profits in 2000: $7.9 billion
--Exxon Mobil profits in 2006: $36.1 billion
(CNNMoney.com, accessed Jan. 19, 2007)

MEANWHILE IN THE MINIMUM WAGE WORLD:
--Federal minimum wage in 2000: $5.15/hr
--Federal minimum wage in 2006: $5.15/hr
--Loss in purchasing power, full time worker annually: $1,562

--Salary of a full-time minimum wage employee without vacation: $10,712
--Average time for top CEOs to earn that sum: 2.06 hours
(Forbes Magazine. "What the Boss Makes." April 20, 2006)

ON HEALTH CARE COSTS:
--Americans without health insurance, 2000: 38.2 million
--Americans without health insurance, 2005: 46.6 million
(US Census Bureau, Sept. 2001; US Census Bureau, Aug. 2006)

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