{"id":3095,"date":"2011-06-23T15:44:55","date_gmt":"2011-06-23T19:44:55","guid":{"rendered":"http:\/\/blog.beliefnet.com\/watchwomanonthewall\/?p=3095"},"modified":"2011-06-23T15:44:55","modified_gmt":"2011-06-23T19:44:55","slug":"inflatocracy-obamas-misery-index-worse-than-jimmy-carters","status":"publish","type":"post","link":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/2011\/06\/inflatocracy-obamas-misery-index-worse-than-jimmy-carters.html","title":{"rendered":"Inflatocracy &#8211; &#8211; OBAMA&#8217;S MISERY INDEX WORSE THAN JIMMY CARTER&#8217;S"},"content":{"rendered":"<p><span style=\"color: #ff0000\"><strong>WATCHWOMAN FYI:<\/strong><\/span> I&#8217;m not saying to buy or not to buy the book because I haven&#8217;t read it. \u00a0I&#8217;m sure it&#8217;s quite good, however. \u00a0There&#8217;s a lot of good information included in this item and that is why I&#8217;m posting it. \u00a0Besides, I like the word, <strong>&#8220;IN-FLA-TOC-RACY.&#8221; <\/strong>I think you&#8217;ll benefit greatly reading the following item and I&#8217;m feeling sure that buying the book would be a good idea too. <strong> \u25ac \u00a0Donna Calvin<\/strong><\/p>\n<p><span style=\"color: #ff0000\"><strong><span style=\"text-decoration: underline\">Excerpt: \u00a0<em><strong>THE INFLATION DECEPTION &#8212; <\/strong><\/em>The Obama Administration has concocted a much lower number for &#8216;core&#8217; inflation, says Smith, by deliberately omitting the fast-rising cost of gasoline, energy and food.\u00a0By doing this, the Obama Administration was able to deny\u00a0cost-of-living adjustment\u00a0increases in 2010, 2011, and is using budget gimmickry to deny increases in 2012 to senior citizens who depend on\u00a0Social Security, says Smith<\/span>.<\/strong><\/span><\/p>\n<div><strong>Excerpt #2 &#8211;<\/strong><strong> <\/strong><strong>&nbsp;<\/p>\n<p><span style=\"color: #008000\"><strong>In-fla-TOC-racy<\/strong><strong> <\/strong><em>(noun)<\/em> 1. A\u00a0new form of government\u00a0of, by and for inflation. 2. Government that deliberately debases its paper money for social engineering, mind manipulation, wealth redistribution, secret taxation and seizing more power.<\/span><\/p>\n<p><\/strong><strong> <\/strong><strong> <\/strong><strong> <\/strong><strong> <\/strong><strong> <\/strong><strong> <\/strong><strong> <\/strong><strong> <\/strong><strong> <\/strong><span style=\"color: #008000\"><span style=\"font-weight: bold\">America\u2019s Founders believed in small government, low taxes, frugality, thrift and individual responsibility. <\/span><span style=\"font-weight: bold\">The Inflatocracy is very different. It uses inflation as a secret form of taxation to fund a huge and ever-expanding government.\u00a0The Inflatocracy uses inflation and the always-growing\u00a0welfare state\u00a0it makes possible to redistribute wealth from those who work hard and save to others who spend beyond their productivity and serve the collectivist government.<\/span><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-weight: bold\">Don&#8217;t miss reading this one!!! \u00a0Great read!!!<\/span><\/p>\n<p><span style=\"font-weight: bold\"><br \/>\n<\/span><\/p>\n<\/div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"0\" width=\"600\">\n<tbody>\n<tr>\n<td colspan=\"2\" width=\"100%\" bgcolor=\"#df0101\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/a248.e.akamai.net\/f\/248\/45320\/14d\/ig.rsys2.net\/responsysimages\/pldig\/2011_06\/DED_2011_06_23\/spacer.gif\" border=\"0\" alt=\"\" width=\"625\" height=\"4\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<tbody>\n<tr>\n<td align=\"left\">\n<div><strong>NEW BOOK: OBAMA&#8217;SMISERY INDEX\u00a0WORSE THAN JIMMY CARTER&#8217;S<br \/>\n<\/strong><\/div>\n<div><a rel=\"nofollow\" href=\"https:\/\/news.personalliberty.com\/pub\/cc?_ri_=X0Gzc2X%3DUQpglLjHJlTQueQcjP4Qiozb4QssyQwvTYIQGQaQGLDVXtpKX%3DSRDSCBBU&amp;_ei_=Gf6beX6990G11X%3DOhjKOHjjphjLllLxPHohhQJhu.\" target=\"_blank\"><em>Obamalaise Is More Harmful than Carter&#8217;s Malaise &#8211; Monetary Expert<br \/>\n<strong>IN-FLA-TOC-RACY literally killing off old-fashioned Americans<\/strong><\/em><\/a><\/div>\n<div>\n<table cellpadding=\"0\">\n<tbody>\n<tr>\n<td align=\"left\"><a rel=\"nofollow\" href=\"https:\/\/news.personalliberty.com\/pub\/cc?_ri_=X0Gzc2X%3DUQpglLjHJlTQueQcjP4Qiozb4QssyQwvTYIQGQaQGLDVXtpKX%3DSRDSCBBU&amp;_ei_=Gf6beX6990G11X%3DOhjKOHjjphjLllLxPHohhQJhu.\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.swissamerica.com\/images\/placed\/20110620110039.jpg\" border=\"0\" alt=\"\" \/><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div><strong>It&#8217;s hard to see how President Obama, with a &#8216;Misery Index&#8217; almost 25 percent worse than President Jimmy Carter&#8217;s, wins re-election.&#8221; veteran think tank futurist <\/strong>&nbsp;<\/p>\n<p>In 1980\u00a0incumbent President Jimmy Carter\u00a0lost because Republican challenger\u00a0Ronald Reagan\u00a0rightly showed how\u00a0Carter&#8217;sMisery Index the combination of unemployment and\u00a0inflation rateswas ruining the country.<\/p>\n<p>The resulting national malaise made Mr. Carter a one-term president.<\/p>\n<p>If we use honest numbers, President\u00a0Barack Obama&#8217;s &#8216;Misery Index&#8217; is up to 5.42 points higher than what led voters to throw out Mr. Carter, says monetary expert Craig R. Smith, author of a new book out this week titled\u00a0<strong><em>THE INFLATION DECEPTION: Six Ways Government Tricks Us&#8230;And\u00a0Seven Ways\u00a0to Stop It!<\/em><\/strong><\/p>\n<p>Today&#8217;s &#8216;Obamalaise&#8217; is even more harmful than was President Carter&#8217;s &#8216;Malaise,&#8217; says Smith.<\/p>\n<p>Inflation today is much higher than Obama Administration appointees report, says Smith, part of a pattern of doctored statistics exposed in\u00a0<strong><em>THE INFLATION DECEPTION.<\/em><\/strong><\/p>\n<div>\n<table cellpadding=\"0\">\n<tbody>\n<tr>\n<td align=\"left\"><a rel=\"nofollow\" href=\"https:\/\/news.personalliberty.com\/pub\/cc?_ri_=X0Gzc2X%3DUQpglLjHJlTQueQcjP4Qiozb4QssyQwvTYIQGQaQGLDVXtpKX%3DSRDSCBBU&amp;_ei_=Gf6beX6990G11X%3DOhjKOHjjphjLllLxPHohhQJhu.\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.swissamerica.com\/images\/placed\/20110510041842.gif\" border=\"0\" alt=\"\" \/><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>If we measure inflation the way it was figured in 1980, then inflation today is running at least 8.5 percent per year, says Smith, the founder and Chairman of Swiss America Trading Corporation.<\/p>\n<p><span style=\"color: #ff0000\"><strong>The Obama Administration has concocted a much lower number for &#8216;core&#8217; inflation, says Smith, by deliberately omitting the fast-rising cost of gasoline, energy and food.<\/strong><\/span><\/p>\n<p><strong><span style=\"color: #ff0000\">By doing this, the Obama Administration was able to deny\u00a0cost-of-living adjustment\u00a0increases in 2010, 2011, and is using budget gimmickry to deny increases in 2012 to senior citizens who depend on\u00a0Social Security, says Smith.<\/span><\/strong><\/p>\n<p>President Obama is allowing the soaring inflation that his policies have caused to ravage poor seniors, perhaps so that he will have more billions with which to buy other votes, or to send as aid to foreign countries, says Smith.<\/p>\n<p>President Obama owes America&#8217;s senior citizens an honest accounting and an explanation for why he is deliberately short-changing and harming them this way, says former think tank futurist Lowell Ponte, Smith&#8217;s co-author of\u00a0<em><strong>THE INFLATION DECEPTION<\/strong><\/em>.<\/p>\n<p><strong>Does Mr. Obama think he can win re-election, asks Ponte, on a promise of &#8216;Hope and Short-Change?&#8217;<\/strong><\/p>\n<p>Unemployment remains stuck at 9.1 percent the kind of near-double digit level we have come to expect in Eurosocialist\u00a0welfare states, says\u00a0Craig Smith.<\/p>\n<div>\n<table cellpadding=\"0\">\n<tbody>\n<tr>\n<td align=\"left\"><a rel=\"nofollow\" href=\"https:\/\/news.personalliberty.com\/pub\/cc?_ri_=X0Gzc2X%3DUQpglLjHJlTQueQcjP4Qiozb4QssyQwvTYIQGQaQGLDVXtpKX%3DSRDSCBBU&amp;_ei_=Gf6beX6990G11X%3DOhjKOHjjphjLllLxPHohhQJhu.\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.swissamerica.com\/images\/placed\/20110510045641.jpg\" border=\"0\" alt=\"\" \/><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>If you include the underemployed and those who have stopped looking for work, as was done during the\u00a0Great Depression, then America&#8217;s real jobs picture is close to\u00a0Great Depression levels\u00a0of people without the jobs and income they need, says Smith.<\/p>\n<p>Thirty-six percent of what the Obama Administration calls &#8216;wages&#8217; are now government checks for welfare, 99-weeks of unemployment, and other social programs, says Smith, whose documentation of our sinking economy in\u00a0<em><strong>THE INFLATION DECEPTION<\/strong><\/em> is truly terrifying.<\/p>\n<p><strong>The fall in housing values is now WORSE than it was during the Great Depression, says Smith.<\/strong><\/p>\n<table width=\"125\" align=\"right\">\n<tbody>\n<tr>\n<td><a rel=\"nofollow\" href=\"https:\/\/news.personalliberty.com\/pub\/cc?_ri_=X0Gzc2X%3DUQpglLjHJlTQueQcjP4Qiozb4QssyQwvTYIQGQaQGLDVXtpKX%3DSRDSCBBU&amp;_ei_=Gf6beX6990G11X%3DOhjKOHjjphjLllLxPHohhQJhu.\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.swissamerica.com\/images\/placed\/20110620103500.jpg\" border=\"0\" alt=\"\" width=\"600\" height=\"423\" \/><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>And all these problems dragging down our economy are getting worse, not better. People urgently need information to protect themselves and their families against what is fast approaching.<\/p>\n<p>Smith&#8217;s new book\u00a0<em><strong>THE INFLATION DECEPTION<\/strong><\/em> explores the problems in nine of its chapters, and in the remaining three chapters it offers at least seven potential ways people can turn our impending economic and personal collapse around.<\/p>\n<p>President Obama&#8217;s real unemployment number could be as high as 18.9 percent nearly one out of every five working age Americans lacks an adequate job plus his inflation number of at least 8.5 percent, write Smith and Ponte in\u00a0<em><strong>THE INFLATION DECEPTION,<\/strong><\/em>give President Obama a &#8216;Misery Index&#8217; of 27.4 percent.<\/p>\n<p>This, Smith and Ponte write, is 5.42 points higher than what prompted American voters overwhelmingly to reject\u00a0President Jimmy Carter\u00a0for re-election in 1980.<\/p>\n<p>Unless this improves dramatically by election day 2012, says Ponte, it&#8217;s hard to see how President Obama, whose &#8216;Misery Index&#8217; is almost 25 percent worse than President Jimmy Carter&#8217;s, wins re-election. It&#8217;s the economy, Stupid!<\/p>\n<table width=\"125\" align=\"right\">\n<tbody>\n<tr>\n<td><a rel=\"nofollow\" href=\"https:\/\/news.personalliberty.com\/pub\/cc?_ri_=X0Gzc2X%3DUQpglLjHJlTQueQcjP4Qiozb4QssyQwvTYIQGQaQGLDVXtpKX%3DSRDSCBBU&amp;_ei_=Gf6beX6990G11X%3DOhjKOHjjphjLllLxPHohhQJhu.\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.swissamerica.com\/images\/placed\/20110620103738.jpg\" border=\"0\" alt=\"\" width=\"160\" height=\"600\" \/><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Welcome to the Inflatocracy!<\/strong><\/p>\n<p><strong>In-fla-TOC-racy <\/strong><em>(noun)<\/em> 1. A\u00a0new form of government\u00a0of, by and for inflation. 2. Government that deliberately debases its paper money for social engineering, mind manipulation, wealth redistribution, secret taxation and seizing more power.<\/p>\n<p>America&#8217;s Founders believed in small government, low taxes, frugality, thrift and individual responsibility.<\/p>\n<p>The Inflatocracy is very different. It uses inflation as a secret form of taxation to fund a huge and ever-expanding government.<\/p>\n<p>The Inflatocracy uses inflation and the always-growing\u00a0welfare state\u00a0it makes possible to redistribute wealth from those who work hard and save to others who spend beyond their productivity and serve the collectivist government.<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/news.personalliberty.com\/pub\/cc?_ri_=X0Gzc2X%3DUQpglLjHJlTQueQcjP4Qiozb4QssyQwvTYIQGQaQGLDVXtpKX%3DSRDSCBBU&amp;_ei_=Gf6beX6990G11X%3DOhjKOHjjphjLllLxPHohhQJhu.\" target=\"_blank\"><em><strong>THE INFLATION DECEPTION<\/strong><\/em><\/a> also explores new scientific research that reveals how inflation and the devaluing of our dollars literally changes brain neurochemistry, like a mood-altering, perception-altering drug.<\/p>\n<p>American Exceptionalism\u00a0is real, Smith and Ponte show, not only because of our free minds and free markets but also because those with genetic traits for entrepreneurship left their oppressive homelands to settle in the United States.<\/p>\n<p>As America has become an Inflatocracy, with no more frontiers and ever-more-restricted opportunities like the European states most of our ancestors fled from, write Smith and Ponte, Americans who still carry their forefathers&#8217; entrepreneurial DNA are suffering elevated rates of stress, frustration, illnesses, suicides and below-replacement fertility.<\/p>\n<p>The Inflatocracy is literally killing off the old-fashioned kinds of Americans who made our country successful, prosperous and free, they write.<\/p>\n<p>In place of the values of America&#8217;s Founders, the Inflatocracy is imposing a collectivist dependency on government and anti-individualist, anti-free market conformism that inevitably will lead to stagflation and failure.<\/p>\n<p>Smith and Ponte explored other facets of today&#8217;s\u00a0economic crisisin their widely-praised October 2010 book\u00a0<em><strong>CRASHING THE DOLLAR: How To Survive A Global Currency Collapse.<\/strong><\/em><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/news.personalliberty.com\/pub\/cc?_ri_=X0Gzc2X%3DUQpglLjHJlTQueQcjP4Qiozb4QssyQwvTYIQGQaQGLDVXtpKX%3DSRDSCBBU&amp;_ei_=Gf6beX6990G11X%3DOhjKOHjjphjLllLxPHohhQJhu.\" target=\"_blank\"><strong>ASTOUNDING PERSONAL LIBERTY FREE BOOK OFFER!<\/strong><\/a><\/p>\n<p>To help prepare you for rising inflation NOW and to kick off &#8220;National Inflation Awareness Month&#8221; in July, Mr. Smith&#8217;s publisher is offering\u00a0<span style=\"text-decoration: underline\">a FREE COPY of this 272-page book to the first 200 Personal Liberty readers with savings to protect from inflation<\/span>.<\/p>\n<table width=\"125\" align=\"right\">\n<tbody>\n<tr>\n<td><a rel=\"nofollow\" href=\"https:\/\/news.personalliberty.com\/pub\/cc?_ri_=X0Gzc2X%3DUQpglLjHJlTQueQcjP4Qiozb4QssyQwvTYIQGQaQGLDVXtpKX%3DSRDSCBBU&amp;_ei_=Gf6beX6990G11X%3DOhjKOHjjphjLllLxPHohhQJhu.\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.swissamerica.com\/images\/placed\/20110603012249.jpg\" border=\"0\" alt=\"\" width=\"300\" height=\"423\" \/><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Call\u00a0800-289-2646\u00a0now.<\/strong><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/news.personalliberty.com\/pub\/cc?_ri_=X0Gzc2X%3DUQpglLjHJlTQueQcjP4Qiozb4QssyQwvTYIQGQaQGLDVXtpKX%3DSRDSCBBU&amp;_ei_=Gf6beX6990G11X%3DOhjKOHjjphjLllLxPHohhQJhu.\" target=\"_blank\"><strong>Register here for a FREE copy of\u00a0<strong><em>&#8220;The Inflation Deception&#8221;<\/em><\/strong> (a $19.95 value!)<\/strong><\/a><\/p>\n<p>BONUS DVD: Swiss America will also include the new\u00a0<em><strong>2011 A Rare Opportunity<\/strong><\/em> DVD, which details how to protect your assets from the coming inflation tsunami.<\/p>\n<\/div>\n<div><a rel=\"nofollow\" href=\"https:\/\/news.personalliberty.com\/pub\/cc?_ri_=X0Gzc2X%3DUQpglLjHJlTQueQcjP4Qiozb4QssyQwvTYIQGQaQGLDVXtpKX%3DSRDSCBBU&amp;_ei_=Gf6beX6990G11X%3DOhjKOHjjphjLllLxPHohhQJhu.\" target=\"_blank\">Click Here for your FREE\u00a0<strong><em>THE INFLATION DECEPTION<\/em><\/strong> <strong>book and\u00a0<em>&#8220;A Rare Opportunity&#8221;<\/em> DVD.<\/strong><\/a>&nbsp;<\/p>\n<p>(FREE Shipping and Handling!)<\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WATCHWOMAN FYI: I&#8217;m not saying to buy or not to buy the book because I haven&#8217;t read it. \u00a0I&#8217;m sure it&#8217;s quite good, however. \u00a0There&#8217;s a lot of good information included in this item and that is why I&#8217;m posting it. \u00a0Besides, I like the word, &#8220;IN-FLA-TOC-RACY.&#8221; I think you&#8217;ll benefit greatly reading the following&hellip;<\/p>\n","protected":false},"author":403,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[557,704,223,1121,35,450,176],"tags":[1279,1283,1285,9321,1284,1281,1282,1280],"class_list":["post-3095","post","type-post","status-publish","format-standard","hentry","category-business","category-economics","category-economy","category-failed-policies","category-obama","category-politics","category-recession","tag-cartersmisery-index","tag-great-depression","tag-in-fla-toc-racy","tag-inflation","tag-plunging-home-values","tag-ruining-economy","tag-the-inflation-deception","tag-unemoyment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Inflatocracy - OBAMA&#039;S MISERY INDEX WORSE THAN JIMMY CARTER&#039;S  - Watchwoman on the Wall<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/2011\/06\/inflatocracy-obamas-misery-index-worse-than-jimmy-carters.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflatocracy - OBAMA&#039;S MISERY INDEX WORSE THAN JIMMY CARTER&#039;S  - Watchwoman on the Wall\" \/>\n<meta property=\"og:description\" content=\"WATCHWOMAN FYI: I&#8217;m not saying to buy or not to buy the book because I haven&#8217;t read it. \u00a0I&#8217;m sure it&#8217;s quite good, however. \u00a0There&#8217;s a lot of good information included in this item and that is why I&#8217;m posting it. \u00a0Besides, I like the word, &#8220;IN-FLA-TOC-RACY.&#8221; I think you&#8217;ll benefit greatly reading the following&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/2011\/06\/inflatocracy-obamas-misery-index-worse-than-jimmy-carters.html\" \/>\n<meta property=\"og:site_name\" content=\"Watchwoman on the Wall\" \/>\n<meta property=\"article:published_time\" content=\"2011-06-23T19:44:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/a248.e.akamai.net\/f\/248\/45320\/14d\/ig.rsys2.net\/responsysimages\/pldig\/2011_06\/DED_2011_06_23\/spacer.gif\" \/>\n<meta name=\"author\" content=\"Donna Calvin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Inflatocracy - OBAMA'S MISERY INDEX WORSE THAN JIMMY CARTER'S  - Watchwoman on the Wall","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.beliefnet.com\/columnists\/watchwomanonthewall\/2011\/06\/inflatocracy-obamas-misery-index-worse-than-jimmy-carters.html","og_locale":"en_US","og_type":"article","og_title":"Inflatocracy - OBAMA'S MISERY INDEX WORSE THAN JIMMY CARTER'S  - Watchwoman on the Wall","og_description":"WATCHWOMAN FYI: I&#8217;m not saying to buy or not to buy the book because I haven&#8217;t read it. \u00a0I&#8217;m sure it&#8217;s quite good, however. \u00a0There&#8217;s a lot of good information included in this item and that is why I&#8217;m posting it. \u00a0Besides, I like the word, &#8220;IN-FLA-TOC-RACY.&#8221; 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