Faun
Diamond Member
- Nov 14, 2011
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If you haven't figured it out by now, there's no sense going over it yet again.
Great. Yet another rightard who thinks bluffing is an adequate aversion to avoid answering questions which blow away their position.
Rightard, like the others, you actually prove my point when you demonstrate you can't answer that question.
April, 1997, during a great economy, the misery index equals 7.4. July, 2009, during a horrible economy, the misery index equals 7.4. So? What does a misery index of 7.4 indicate?
... btw, you never responded in regard to my post on why the idiotic claim that the unemployment rate is 32.7% was so completely rightarded. You asked me a question about it and I answered. You have no comments?
I have already explained how the economy is made up of more than just ONE statistical figure, you have to look at several factors such as the misery index, the U-6, in CONJUNCTION with the unemployment number, to get an overall view of how the nation is doing. It's no surprise that you are incapable of giving a break down discription of what each indicator means in demonstrating that you have any knowledge of being capable of interpretating the economy correctly. You can't just give a misery index without including any other piece of information together to formulate an overall economic picture, any "competent" person having a basic discussion on the economy knows this. My god you are hopeless! Do us all a favor and pick a different topic, if you don't have a clue as to what each indicator represents, and how it's used to detail in what way it can have an effect with a particular group of people.
The very fact that you are only focusing on the misery index alone, and providing no other piece of information.... nothing else, in your question PROVES you don't have the slightest clue as to what you are talking about.
Your bullshit remains bullshit. If the [U3] unemployment rate is in double digits, no other indicator is necessary to know the economy sucks. If GDP is negative for 2 or more consecutive quarters, no other indicator is necessary to know the economy sucks. If deflation is high, no other indicator is necessary to know the economy sucks. That you need those valuable economic indicators to determine if the misery index is accurate or not, makes my point. The misery index is not reliable and an indicator that is not reliable is not an indicator.