Saturday, September 25, 2021
HomePatriot DispatchesHow Miserable Are We? Extremely!

How Miserable Are We? Extremely!

I didn’t need to write this because you all can see it, and feel it, however, it as well needs to be put to words, how awful this economy is. The malaise that has overtaken this Country can only be equaled for me when watching my parents during the late 70s. They were angry, a lot, they talked about how bad the President who was Carter was and they couldn’t wait until he was sent home. Well we seriously will feel the same relief when this, Marxist loving President that Americans voting for some obscure change and hope goes home as well. That Americans were so war weary and so fearful of the huge downturn in the economy that they would take a chance on nothing, seriously, nothing and put us ALL at risk of failure speaks to the insanity that feeds throughout the Country in this 24 hour American Idol life, way too many of our fellow Americans live. The Presidency is not the place nor the time to decide to try something “new” it is the place to put a person with a history of getting something done and Barack Hussein Obama was NEVER was that guy and was NEVER going to be that guy. Barack, You Will Be The Worst President In The History Of The United States Of America

When it comes to measuring the combination of unemployment and inflation, it doesn’t get much more miserable than this.

In fa
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ct, misery, as measured in the unofficial Misery Index that simply totals the unemployment and inflation rates, is at a 28-year high, reflective of how weak the economic recovery has been and how far there is to go.

The index, first compiled during the soaring inflation days of the 1970s by economist Arthur Okun, is registering a nausea-inducing 12.7—9.1 percent for unemployment and 3.6 percent for annualized inflation—a number not seen since 1983. The index has been above 10 since November 2009 and had been under double-digits from June 1993 through May 2008.

The worst part is he is killing free enterprise and destroying the job market for all of us, but mostly in the Black CommunityIdle Hands Are The Devils Workshop

This is shameful, that any group of Americans whether it be the allover unemployment at a lying 9.1 or 41% for Black youth is untenable.

The economy and jobs will be big issues in Washington again this coming week.

While unemployment among the general population is about 9.1 percent, it’s at 16.2 percent African Americans, and a bit higher still for African American males.

CBS News correspondent Michelle Miller reports that, historically, the unemployment rate for African Americans has always been higher than the national average. However, now it’s at Depression-era levels. The most recent figures show African American joblessness at 16.2 percent. For black males, it’s at 17.5 percent; And for black teens, it’s nearly 41 percent.

JadedByPolitics
Whoever has his enemy at his mercy & does not destroy him is his own enemy

3 COMMENTS

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3 COMMENTS

  1. Just imagine how much worse that Index number would be if: A)we honestly counted everybody who’s out of work, including those who have run out of benefits or simply thrown in the towel, or taken some pay-me-cash-off-the-books job to survive and B) inflation took into account the soaring prices of food and gasoline. Ol’ Jimmah Carter’s economy would look sweet in comparison!

  2. The not-screaming-liberal Democrats who voted for The Won are forced to either admit they were suckered or support The Won beyond all reason as he systematically dismantels everything America ever stood for.

    Time for that group to man up while we can still reverse this mess..

  1. Just imagine how much worse that Index number would be if: A)we honestly counted everybody who’s out of work, including those who have run out of benefits or simply thrown in the towel, or taken some pay-me-cash-off-the-books job to survive and B) inflation took into account the soaring prices of food and gasoline. Ol’ Jimmah Carter’s economy would look sweet in comparison!

  2. The not-screaming-liberal Democrats who voted for The Won are forced to either admit they were suckered or support The Won beyond all reason as he systematically dismantels everything America ever stood for.

    Time for that group to man up while we can still reverse this mess..

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