Saturday, August 4, 2012

OBAMA BEATS CARTER IN MISERY INDEX: 26 TO 22

Forgotten misery index could show how rotten things are under Obama
http://patriotupdate.com/articles/forgotten-misery-index-could-show-how-rotten-things-are-under-obama
Patriot Update – Tad Cronn – 7/29/2012

Under Harry Truman, the Misery Index started out at 13.63 in January 1948. By the end of his tenure, it was down to 3.45, according to MiseryIndex.us. Nixon came in with an index of 7.8 and brought us to 17.01 by the time he left office in shame. President Carter shot from 12.72 to 19.72, with an all-time high of 21.98.

While there are different takes on inflation, estimates of the “real” current rate using Carter-era standards range as high as above 10 percent. If that’s the case, that would put Obama’s Misery Index around 26 percent, well above anything Carter achieved.

That would also help explain why the media aren’t into touting the Misery Index these days.

The bottom line seems to be that you can’t trust the government to tell you what’s really going on, and you sure can’t trust the media.

Northwoods Patriots - Standing up for Faith, Family, Country - northwoodspatriotscomm@gmail.com

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