Obama Misery... Continuing To Worsen
by: Les Carpenter Rational Nation USA Birthplace of Independent Conservatism Liberty -vs- Tyranny As President Obama continues to prove his incompetency in all things economic the nation's misery continues to mount. Obama's "Hope and Change" has morphed into "Despair and Despondency" for the American people. The Misery Index became a household word in the mid 1970's during Jimmy Carter's inept presidency. Thirty years later the inept Obama presidency is on the verge of again making it a household word. From Investors.com . Economy: As if the picture weren't bleak enough, here's one more data point to worry about — the Misery Index is on the rise. Conceived by economist Arthur Okun in the early 1970s, the Misery Index simply adds together the inflation and unemployment rates to create an effective indicator of real-world suffering. It gained notoriety under President Carter, whose growth-choking, easy-money policies pushed th...