Misery index as of August 2013 is 8.82
Last year Jimmy Peanut was in office 21.98 June 1980
FYI:
The misery index was initiated by economist Arthur Okun, an adviser to President Lyndon Johnson in the 1960’s. It is simply the unemployment rate added to the inflation rate. It is assumed that both a higher rate of unemployment and a worsening of inflation both create economic and social costs for a country. A combination of rising inflation and more people out of work implies a deterioration in economic performance and a rise in the misery index.
I move the name be changed to the Obama index. do I hear a second???
It’s little wonder why they game the inflation rate and unemployment. I’d wager if we used the 1979 standards, wed be near equal in terms of misery. The whole Fed spending spree is so people don’t realize how bad things are. They learned where they erred last time and they’ll be damned if they allow another Reagan to come along and toss them out from rightful rule as Lords over America.