Sunday, January 1, 2012

The Misery Index as We Go Into 2012

Unemployment at 8.6%.

Consumer level price inflation at 3.4%

Plus add 10 points for general expansion of government intrusions into our lives.

Misery Index at 22%.

2 comments:

  1. It's even worse than that, if you ignore the changes that the government has incorporated to avoid the truth:

    Unemployment rate (pre-1994 methodology): 23.6%

    Inflation rate (pre-1980 methodology): 10.4%

    Plus add 10% for general expansion of government intrusions into our lives.

    Real Misery Index: 44%

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  2. Thats much more believable unfortunately Rob

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