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The Obama Index: The Newest Index to Measure Our Despair

Chris from Kalifornia Wrote: Sep 08, 2012 4:47 AM
That will depend a lot on who gets to count the votes.

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...

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