In response to:

Obama's Misery Index

Bernard83 Wrote: Sep 21, 2012 7:56 AM
Good concise analysis. Well done and accurate. Add the increase in oil prices and you have the catalyst that precipitated the collapse.

To give you an idea how bad the jobs report released on Friday is, consider this fact: The employment situation in the country is so bad that economists can’t accurately measure it with the existing tools they use to measure jobs. In other words, we have entered a period in our country not contemplated by economists. They simply don’t have the tools to measure what’s actually occurring in the jobs market.

Modern economists never imagined a scenario in which a country with as much wealth, power and innovation as United States could stretch out a jobs recession as long as...