In 1980, Ronald Reagan masterfully handed Jimmy Carter the misery index to illustrate the pain caused by his incoherent policies. The misery index added the inflation rate to the unemployment rate and came to a total of 21.98. Barack Obama has surpassed Jimmy Carter. From gas prices and inflation to unemployment and massive federal spending, Barack Obama is happily presiding over the decline of the powerhouse that was the United States economy. The clearest example of his failure as President is evidenced in the price of a gallon of gas. In the latter part of his administration, George W. Bush received much flak for the rising price at the pump. Americans were hurting as the price per gallon reached a historic high of over $4 per gallon in June 2008. Pundits and politicians flung political attacks against the President for his previous oil adventures, while others blamed speculators. On July 14, 2008, with an average price per gallon of $4.05, President Bush issued...(Read Full Post)