I wonder why FOX isn't talking about the Misery Index. I sent an email and text yesterday to Jesse Watters asking the same question. We'll see what happens.
Anyway, without further ado, and without gratuitous sex and violence, let's delve into it here. Not to worry, this won't hurt a bit.
Definition (taken from below link): The misery index helps determine how the average citizen is doing economically and it is calculated by simply adding the Annual inflation rate to the Seasonally Adjusted unemployment rate.
It is worth noting that the inflation rate and the unemployment rate calculation changes over time so administrations can make themselves look better. Even so, it tells a story.
In the link below, you will find a chart of the Misery Index from 1948 through present which also notes who was president.
In quick summary, and starting with Jimmy Carter who has the all time high so far at 21.98 %, we move to Ronald Reagan who gets it down to 7.70 % by Dec, 1986, then we get all the way down to 5.74 % in April, 1998 with Clinton in office[1], then 5.71 % in Oct, 2006 with GW Bush in office but was back around 12.5 % by the time Bush left office and obama took over. The index was notably low at 5.06 % in 2015 under obama and and 5.21 % in 2019 with Trump in office. Covid put the Kabosh on that in Apr, 2020 when it soared to 15.03 %
The next chart on the page shows the index starting when Biden took over through the present. The index starts at 7.70% in January, 2021 and motors steadily all the way to 11.67 % in February, 2022. Yippeee!
Biden's economy is doing Great ! (sarc). Even with all the BS numbers reported by the administration and its blabbering tools in the media, the democrats are well on their way to eclipsing Jimmy Carter's Misery Index high. I think they'll get there.
Will we have gas shortages and rationing like under Carter? Could easily happen because the situation with oil is not accident. It has nothing to do with Ukraine. It is a problem because the democrats want it to be.
Here is the link - U.S. MISERY INDEX
Notes:
[1] - Clinton not only inherited the Reagan economy which was running like an unstoppable freight train powered by twin trillion horsepower engines, but also had the tech boom as additional thrust which consisted of PC's and related hardware, the Internet buildout, all the hardware and tons of infrastructure to support it all such as network equipment, data centers, and various equipment and software in a large % of homes across the country. This was all new stuff. It also drove the stock market to it's then all time high in March, 2000. The market sold off through 2003 causing many retail investors to lose large amounts of money the same way they did in the 1929 crash.
It is interesting, based on the 'Text UNITED to 30330' in the following image (Biden campaign's text number) that this was an advert for Biden's campaign and shows to my eye, the Misery index going down under Trump and a projection for it to go back up under Biden :-) ?? Evil sometimes tells you their plan.
Also note that 30330 is 2020 (the election year) divided by 666 (the democrat call sign)
2020 / 666 = 3.0330
In closing, it is obvious to me that these two lovely cats, Stina and Mossy, are seriously stressed over America's immediate future. Don't make them have strokes. Stop voting for democrat communists. At the very least, your wallet will be happier, your cats will be happier, and your raccoons will stop tearing the place up now that you can afford to feed them cheap dog food again.
