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Who knew we'd be talking about the misery
index again?

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Posted By: ladydawgfan, 8/2/2022 10:41:22 PM

As I recall, it was then-governor Jimmy Carter who used the misery index against President Gerald Ford in 1976. It was inflation plus unemployment equals the misery index. It was thrown back at President Carter in 1980 and had a lot to do with Ronald Reagan becoming the 40th president and bringing a lot of GOP senators with him. The misery index is back, and it will hurt the Democrats, according to Bloomberg: A new study by Bloomberg Economics takes one gauge with a knack of predicting ballot outcomes — the misery index, calculated by adding up the inflation and unemployment rates — and projects it forward through election day.

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Reply 1 - Posted by: Rumblehog 8/2/2022 11:08:00 PM (No. 1236112)
I did.
10 people like this.

Reply 2 - Posted by: MDConservative 8/2/2022 11:16:14 PM (No. 1236120)
Dumping TRILLIONS into the economy with little to show in terms of the production of goods or services will do this every time. Toss in the inept management of our economy by our central planners in government...well, it wasn't hard to see what was coming. And soon we will be hearing about seeing lights at the end of endless tunnels while more printing press/borrowed money is spent stimulating our economy to avoid the cure...a recession.
2 people like this.

Reply 3 - Posted by: jalo1951 8/2/2022 11:49:51 PM (No. 1236139)
I was a young woman who had just graduate from school, gotten married and bought a house when Jimmy Carter decided it was his job to ruin America. We were able to assume a home mortgage (at 7% interest which was a gift from heaven) when the going rate was 15% and higher. I will never forget when one month we balanced our check book and budget and had exactly $5 in our account (we did not touch our savings). And now I am newly retired and living through the same nonsense. I have been prepping for a year and glad that I have been. I do not know how families can possibly make ends meet with these clowns in office. And the longer they refused to face these problems they caused we will be screwed.
12 people like this.

Reply 4 - Posted by: Are You Serious 8/3/2022 8:51:34 AM (No. 1236372)
I have thought about this misery index as well. The difference: Jimmy Carter was incompetent; Joe Biden is evil and anti-American.
2 people like this.

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As I recall, it was then-governor Jimmy Carter who used the misery index against President Gerald Ford in 1976. It was inflation plus unemployment equals the misery index. It was thrown back at President Carter in 1980 and had a lot to do with Ronald Reagan becoming the 40th president and bringing a lot of GOP senators with him. The misery index is back, and it will hurt the Democrats, according to Bloomberg: A new study by Bloomberg Economics takes one gauge with a knack of predicting ballot outcomes — the misery index, calculated by adding up the inflation and unemployment rates — and projects it forward through election day.
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