The Misery Index
From the man that brought us the “real life” understanding of the Misery Index (as first articulated by economist Arthur Okun), Jimmy Carter has now declared that George Bush is the “worst President ever”…….whewww! He has been waiting for 25 years with hopes to transfer that title to some Republican. His only options have been Ronald Reagan, Bush the 1st and Bush the 2nd. For those of you that don’t know, Okun came up with a term that first took on popular meaning during the Carter Administration. It was called the “Misery Index.” This is an economic indicator that measures how badly Americans are suffering economically. Carter blew this index off the chart. The index was formulated by Read more


