Rational Nation USA
Birthplace of Independent Conservatism
Yup, have known it for quite some time. Progressives are doing their best to cover the facts over with their usual touchy feel good good hot air spin. Here are the straight facts on the state of America under the Obama night.
John Williams, over at Shadow Stats, compiles economic data for inflation and unemployment the way it used to be calculated pre-1990. Based on that data, the CPI inflation rate is over 10%, and the unemployment rate is over 15% (see charts). The Misery Index is the sum of the current inflation rate and the unemployment rate. If it were to be calculated using the older methods, the Index would now be over 25, a record high. It surpasses the old index high of 21.98, which occurred in June 1980, when Jimmy Carter was president. Most believe the height of the Index along with the Iranian hostage crisis is what caused Carter to lose his re-election bid.
The GWB - BHO continuum.