How Are You Liking That Hope & Change?

Jeff Cox of reports on June 17, 2011 that the Misery Index of Americans is at a 28-year high, of “a nausea-inducing” 12.7% — a number not seen since 1983.

First compiled by economist Arthur Okun during the soaring inflation days of the 1970s, the Misery Index is derived from adding the unemployment rate (currently at 9.1%) and the rate of inflation (3.6% for annualized inflation).

Since our government “conveniently” does not include food and gas prices in the rate of inflation, if those were included, America’s real inflation rate is actually much higher than 3.6%.

To be fair, Obama in 2008 never did say what exactly it is that we “can” do, nor did he specify who “we” are.

Yes, He indeed Can Ruin America!


Please follow and like us:

Share and Enjoy !

0 0
Notify of
Inline Feedbacks
View all comments
lowtechgrannie lowtechgrannie

Speaking of food prices, coffee has gone up about a dollar per pound in the last couple of months. If the crops of the mid-west are contaminated by the Ft. Calhoun situation, I expect the grain prices will increase even more.

Washington State wheat ranchers and orchardists, our two major export crops are under threat of Agenda 21 because of proximity to streams and rivers. If anyone has spare cash, I suggest stocking up now.

9 years ago

“Yes, He indeed Can Ruin America!”

Actually, he IS ruining America, and far faster than even I had thought possible.


9 years ago

Obama’s rate of spoilage has accelerated because of brainless sheeple, influenced by the MSM.

9 years ago

Hope and Change? He can keep it.

9 years ago

Not enjoying it at all TYVM. No are my other unemployed friends. 2012 can’t come soon enough….