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71%  
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Keyword: risinginflation

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  • 'Misery Index' Rises to Highest Since 1983

    10/20/2011 6:59:44 AM PDT · by alexmai · 7 replies
    An unofficial gauge of human misery in the United States rose last month to a 28-year high as Americans struggled with rising inflation and high unemployment. The misery index — which is simply the sum of the country’s inflation and unemployment rates — rose to 13.0, pushed up by higher price data the government reported on Wednesday. The data underscores the extent that Americans continue to suffer even two years after a deep recession ended, with a weak economic recovery imperiling President Barack Obama’s hopes of winning reelection next year.