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The Obama Index: The Newest Index to Measure Our Despair

Robert58 Wrote: Sep 08, 2012 10:06 AM
"The Obama Index is the new index for measuring our despair." And the measurable evidence that speaks to the depth of the tragedy we find ourselves faced with is that in the last thirty days, after taking a hard look at their circumstances as opposed to their available opportunities, another three hundred sixty eight thousand Americans said "screw it" and walked away from the struggle. The Obama Index is merely a measure of how deeply Obama and his party somehow see this as a good thing. "Abandon hope all ye who enter here."

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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