The Truth About the State of America

by: Les Carpenter
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.

From EconomicPolicyJournal

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.

Via: Memeorandum

Comments

  1. Chris WSun May 15, 04:20:00 PM EDT

    This really comes as no surprise.

    Leviathan has become quite adept at moving the goalposts to achieve the desired results it wants for the purpose of propaganda.

    ReplyDelete
  2. Jersey McJonesSun May 15, 06:26:00 PM EDT

    What progressives are covering what facts?

    I mean, really... DUH. Yes, we all know the unemployment rate, inflation, home sales. DUH.

    It tells us NOTHING WHATSOEVER about WHY we have these problems.

    JMJ

    ReplyDelete
  3. Les CarpenterSun May 15, 08:07:00 PM EDT

    JMJ - DUH, I'm guessing, DUH, the problem is, DUH, the governemnt, DUH, that has a, DUD, insatiable, DUH, appetite, DUH, for enlarging its own, DUH, statist control, DUH, over our lives, DUH.

    By the way JMJ, can you stutter as well?

    ReplyDelete

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