State of the Union by the Numbers

As the President lays out the State of the Union, I thought this would provide some useful background:

$398 billion. R&D spending in the United States. The U.S. Accounts for about 1/3 of global R&D. China about 10%.

36.5 million. Number of workers who are unemployed, working part-time for economic reasons, discouraged or marginally attached to the labor force.

23%. Percentage of homeowners with mortgages who owe more than their homes are worth.

4th. U.S. ranking in global competitiveness according to the World Economic Forum.

Last President to talk about "competitiveness" in a state of the union speech: George W. Bush.

10%. Share of GDP devoted to federal health programs by 2035. Share today: 5%.

144% Greek public debt as a share of GDP. U.S. public debt as share of GDP: 59%

Source: http://www.pbs.org/nbr/blog/2011/01/state_of_the_union_by_the_numbers_research_spending_unemployment_obama_stateoftheunion.html

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