Obama Has His Very Own 'Hoovervilles'

Mitt Romney welcomes Obama to Boston today with an op-ed in the Herald that blames the president's economic policies for bringing back scenes reminiscent of the Great Depression. Romney rehashes what he's been calling the Obama Misery Index: Unlike Jimmy Carter's misery index of the '70s, which combined unemployment and inflation, Obama's is "a toxic blend of unemployment, debt, home foreclosures, and bankruptcies," he writes.

Romney blasts the president along the usual lines—not enough focus on jobs, the "failed stimulus," too-high taxes—but takes it a step further by likening today's job fairs to the "Hoovervilles" of long ago. "Obamanomics, which at extraordinary cost has accomplished extraordinarily little, is earning our president his own dubious place in our history books," he declares. (To read how Obama is trying to torpedo Romney by praising him, click here.)