In response to:

Obama's Misery Index

Chris from Kalifornia Wrote: Sep 21, 2012 11:09 AM
A company I used to work for had about 550 employees when things started to go south. I was in the third batch to get laid off. Last I heard they were down to 50 employees.

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...