Posted on 08/25/2014 9:45:41 AM PDT by gunsmithkat
The Status Quo is desperate to mask the declining fortunes of those who earn income from work, and the Misery Index 2.0 strips away the phony facade of bogus unemployment and inflation numbers.
(Excerpt) Read more at zerohedge.com ...
... is coming to take you away...
OK, I’m game — where is this new index?
There doesn’t appear to be one. Just a blog prostitute?
Seems like a job for Humblegunner.
>> the phony facade of bogus unemployment and inflation numbers.
Phony facade?
Anyway, the unemployment stats fail to represent the significant drop in workforce participation.
Here’s the link to the original proposal, with ALL of its charts.
http://charleshughsmith.blogspot.com/2014/08/the-new-misery-index.html
It’s a real shame the actual Misery Index 2.0 chart is not shown: it appears the article itself is a come on for paying money for a book and or “newsletter”.
Given that we can’t poll all of the people who according to the Govt “voluntarily” dropped out of the workforce, it seems we’ll never get and “honest” unemployment rate again.
Like Global Warming, it is frightening to think that honest (we hope) and well-meaning policy makers are making economic decisions base on totally bogus data.
The Founding Fathers were obviously frightened enough to stop it then.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.