Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Living Miserably
IBD Editorials ^ | September 15, 2011 | Staff

Posted on 09/15/2011 4:18:07 PM PDT by Kaslin

Economy: What's a six-letter word that describes what you get when you combine spiking jobless claims and rising inflation? Answer: M-I-S-E-R-Y. And as new reports show, Obama is dishing out heaping portions of it.

The two reports out of the Labor Department are troubling enough on their own. Jobless claims hit 428,000 last week, up 11,000 from the week before, the highest level in months and, naturally, unexpected. And inflation in August was up 3.8% over last year, also higher than forecast.

These reports also point to a more worrisome trend. With unemployment stuck at a stratospheric 9.1% — and giving no signs of coming down soon — inflation is now climbing. The current annual rate is more than twice where it stood in January. Combine the two, and you have a Misery Index of 12.9 — up 21% this year and a stunning 64% since Obama took office.

(Excerpt) Read more at investors.com ...


TOPICS: Business/Economy; Editorial
KEYWORDS: inflation; joblessness; misery; obama; unemployment

1 posted on 09/15/2011 4:18:09 PM PDT by Kaslin
[ Post Reply | Private Reply | View Replies]

To: Kaslin

My misery index is measured in units called obama.

LLS


2 posted on 09/15/2011 4:22:23 PM PDT by LibLieSlayer (Is the person that you support a Crony Capitalist... A.K.A. CRAPITALIST?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

Combine the two, and you have a Misery Index of 12.9 — up 21% this year and a stunning 64% since Obama took office.”

Even my beeber is stuned.


3 posted on 09/15/2011 4:22:23 PM PDT by jessduntno (Obama shanks. America tanks.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin
Stagflation, Jimmuh Carter's gift to America--coming back for a return engagement courtesy of the same addled morons who did it the first time.
4 posted on 09/15/2011 4:28:24 PM PDT by hinckley buzzard
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

The books are cooked on both inflation and unemployment. The Misery index is worse than it was under Carter, using the (common sense) measuring methods then used.


5 posted on 09/15/2011 5:04:02 PM PDT by Atlas Sneezed (Are you better off now than you were four trillion dollars ago?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: All

http://www.miseryindex.us/indexbypresident.asp


6 posted on 09/15/2011 5:22:46 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

He. doesn’t. care.

Don’t you get it?

This is supposed to show white folks what it feels like to have nothing.

Because supposedly all the while white folks were assisting black folks to integrate, white folks were actually being heartless to black folks.

No good deed goes unpunished.


7 posted on 09/15/2011 5:23:57 PM PDT by yldstrk (My heroes have always been cowboys)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin
The only problem now is that Obama steadfastly refuses to learn from his mistakes.

He doesn't view them as mistakes.

He views them as "Everything going according to plan".

8 posted on 09/15/2011 5:35:27 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

We have the highest unemployment in nearly 30 years and more people living below the poverty level than ever and more people than ever on welfare and food stamps and Obastard’s supporters STILL believe that he deserves another chance.


9 posted on 09/15/2011 6:09:58 PM PDT by Blood of Tyrants (Islam is the religion of Satan and Mohammed was his minion.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LibLieSlayer

What is the scale? 0-10, 0-100?


10 posted on 09/15/2011 6:17:01 PM PDT by mad_as_he$$ (Come with me if you want to live!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: jessduntno

They’ve changed the way inflation is measured since Carter.

If you use the same process now as used back then, current inflation is running around 11%. Add 9% unemployment which is also calculated differently (lower than reality) and you end up with a 20% misery index...

Look at the second graph at: http://www.freerepublic.com/focus/f-news/2779161/posts


11 posted on 09/16/2011 2:03:19 AM PDT by DB
[ Post Reply | Private Reply | To 3 | View Replies]

To: mad_as_he$$

Weird scale...measured in microsatans... ends sometime in November 2012.

LLS


12 posted on 09/16/2011 4:20:57 AM PDT by LibLieSlayer (Is the person that you support a Crony Capitalist... A.K.A. CRAPITALIST?)
[ Post Reply | Private Reply | To 10 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson