Miserable???? They got your number....

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	Miserable???? They got your number....

mooner-one

10-8-2008 7:05 PM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/520b50bf-ccd4-4857-a185-57fee94bf59a/60316A72-18E8-4BCD-90B8-9C287086BD92/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://en.wikipedia.org/w/index.php?title=Misery_index_(economics)&oldid=235832108" href="http://en.wikipedia.org/w/index.php?title=Misery_index_(economics)&oldid=235832108" style="font-size: 11px;">en.wikipedia.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://en.wikipedia.org/w/index.php?title=Misery_index_(economics)&oldid=235832108"><SPAN>Misery index (economics)</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://en.wikipedia.org/w/index.php?title=Misery_index_(economics)&oldid=235832108"><P>The <B>misery index</B> is an <A title="Economic indicator" href="http://en.wikipedia.org/wiki/Economic_indicator">economic indicator</A>, created by economist <A class="mw-redirect" title="Arthur Okun" href="http://en.wikipedia.org/wiki/Arthur_Okun">Arthur Okun</A>, and found by adding the <A class="mw-redirect" title="Unemployment rate" href="http://en.wikipedia.org/wiki/Unemployment_rate">unemployment rate</A> to the <A title="Inflation rate" href="http://en.wikipedia.org/wiki/Inflation_rate">inflation rate</A>. It is assumed that both a higher rate of unemployment and a worsening of <A title="Inflation" href="http://en.wikipedia.org/wiki/Inflation">inflation</A> both create economic and social costs for a country.<SUP class="reference" id="cite_ref-0"><A title="" href="#cite_note-0">[1]</A></SUP> It is often incorrectly attributed to <A title="Chicago" href="http://en.wikipedia.org/wiki/Chicago">Chicago</A> <A title="Economist" href="http://en.wikipedia.org/wiki/Economist">economist</A> <A title="Robert Barro" href="http://en.wikipedia.org/wiki/Robert_Barro">Robert Barro</A> in the 1970s, due to the <I>Barro Misery Index</I> that additionally includes <A title="Gross domestic product" href="http://en.wikipedia.org/wiki/Gross_domestic_product">GDP</A> and the <A title="Bank rate" href="http://en.wikipedia.org/wiki/Bank_rate">bank rate</A>.<SUP class="reference" id="cite_ref-1"><A title="" href="#cite_note-1">[2]</A></SUP></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://en.wikipedia.org/w/index.php?title=Misery_index_(economics)&oldid=235832108"><P>During the <A class="mw-redirect" title="U.S. presidential election, 1976" href="http://en.wikipedia.org/wiki/U.S._presidential_election,_1976">Presidential campaign of 1976</A>, <A title="Democratic Party (United States)" href="http://en.wikipedia.org/wiki/Democratic_Party_(United_States)">Democratic</A> <A title="Candidate" href="http://en.wikipedia.org/wiki/Candidate">candidate</A>, <A title="Jimmy Carter" href="http://en.wikipedia.org/wiki/Jimmy_Carter">Jimmy Carter</A>, made frequent references to the Misery Index, which by the summer of 1976 was at 13.57%. Carter stated that no man responsible for giving a country a misery index that high, had a right to even ask to be President. Carter won the 1976 election. However, by 1980, when President Carter was running for re-election against <A title="Ronald Reagan" href="http://en.wikipedia.org/wiki/Ronald_Reagan">Ronald Reagan</A>, the Misery Index had reached an all-time high of 21.98%. Carter lost the election to Reagan.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/60316A72-18E8-4BCD-90B8-9C287086BD92/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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