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Biden's Blast from the Past –
The Return of the Misery Index

Original Article

Posted By: Magnante, 5/14/2021 4:01:54 AM

What was once old eventually becomes new, from fashion and hair length to music and economics. As they say, history may not repeat itself, but it often rhymes. Today we are seeing events that rhyme with events of a few decades ago. The rhyme is held together by the single commonality of which party is running the country. This week has the distinct smell of Democrats in charge. We have gas lines again, more cars waiting to fill up their gas tanks (snip) The rhyme these days is something older readers may remember, the “Misery Index”. One can hearken back to the days of President Jimmy Carter

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Reply 1 - Posted by: TCloud 5/14/2021 6:46:40 AM (No. 785095)
The Dem's Third World Wet Dream is/isn't here. What say you Vern? He says it is here now! Let me see if I can match you Vern and put the next three rounds into the same hole!
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Reply 2 - Posted by: LadyHen 5/14/2021 7:36:47 AM (No. 785128)
I was just talking to a friend (who is 30 something) yesterday about the Carter years and the Misery Index. He had no clue what I was talking about. Ah gas lines, dry pumps, inflation, massive grocery bills, unemployment, war in the Middle East..... all that is left is putting on a sweater and killer rabbits!
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Reply 3 - Posted by: bigfatslob 5/14/2021 9:20:39 AM (No. 785269)
I was a young married person in the 1970s building my first new house, shopping for the lowest interest loan I could find 10% wasn't bad, waiting in gas lines while inflation was skyrocketing. Just two days ago we were talking about the Carter 'misery index' along with counting the days of 'America Held Hostage'. I'm in my seventies now and I never thought I would see this again but here we are living it, Deja Vu like Yogi Berra would say.
3 people like this.

Reply 4 - Posted by: mean Gene 5/14/2021 9:54:41 AM (No. 785306)
When I recall the original misery index I remember using a bicycle to go to the local store only to see the prices of everything I needed to buy had gone up since the day before. I recall being aware of whether my neighbors downstairs had their heat on or not (because heat rises) so we might not have to put our heat on. The gas lines were awful, but I used a girl's bike with a white flowered basket on the front to save on gas. Today, when I go for groceries, those price shocks are back. Also the home I bought just 8 years ago? It's twin in my neighborhood just sold for more than 2&1/2 times what I paid! The American dollar is quickly becoming worthless.
5 people like this.

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