Unemployment is up to 10.2%.Is it time to bring back Misery Index? Carter Redoux?
__________________________________________________________________________________________________ WASHINGTON (AP) — The unemployment rate has hit double digits for the first time since 1983 — and is likely to go higher. The 10.2 percent jobless rate for October shows how weak the economy remains even though it is growing. Rising unemployment also could threaten the recovery if it saps consumers’ confidence and makes them more cautious about spending as the holiday season | Read More »
Inheriting the worst economy since FDR?
Since Barack Obama became president-elect, many in the mainstream media have claimed he will inherit the greatest economic crisis since FDR. Interestingly, many in the media made similar claims before Ronald Reagan was sworn in as president. For example, according to the January 19, 1981 issue of Newsweek, “When Ronald Reagan steps into the White House next week, he will inherit the most dangerous | Read More »
A Strange leap…. care to Play along? Obama _____.
Jimmy Carter, Barack Obama, and the “Misery Index.” As the title states – this is a leap – so it will be up to you whether you hang in with me while we get through the “strange” to get to the point and then (hopefully you will choose to) engage in some discussion of the point, that we will eventually get to. I know some | Read More »
, Barack Obama
, Jimmy Carter
, misery index