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 ...
My misery index is measured in units called obama.
LLS
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.
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.
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.
He doesn't view them as mistakes.
He views them as "Everything going according to plan".
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.
What is the scale? 0-10, 0-100?
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
Weird scale...measured in microsatans... ends sometime in November 2012.
LLS
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