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The Obama Index: The Newest Index to Measure Our Despair

PuddleSnake Wrote: Sep 07, 2012 10:45 PM
"Demand comes from confidence that consumers and business feel about the health of the economy." I believe this is the crux of the problem. There is ZERO confidence from either today. The Dem convention actually cements this as their platform - aka it is all about social issues and not about what actually concerns most Americans. I weep that my beautiful country has descended to this level. My hope is that WE the people will stand up and fight. As an individual, I do what I can, God bless all of you and God bless America.

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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