Romney Ad: Obama’s Own Words – Misery Index Video

February 2009 – Obama’s own words: “I will be held accountable…you know, I’ve got 4 years. A year from now I think people are gonna see that we are starting to make some progress.” June 17, 2011 Misery Index Hits New High (CNN). “If I don’t have this done in 3 years, then it’s going to be a one term proposition.” He’s Right! Three years hits on January 21st, 2012.

Barack Obama

About the Misery Index: Actually, the June 2011 Misery Index is not a new all-time high. That honor goes to Jimmy Carter in 1980. Today’s double digit is a high for the last 28 years, and is the first double digit since 1992 under G.H.W. Bush. In the first year of Ronald Reagan’s term, the Misery Index dropped from 20.76 to 17.97, ending his 8 years with 9.57. The Index has been under double digits through years 1993-2009.

The US Misery Index = Unemployment rate (9.1) + Inflation rate (3.57).


Mitt Romney Ad: Obama’s Misery Index

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  • I think he will pass Jimmy before it’s to late.

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  • .In fa……..Getty Images……ct misery as measured in the unofficial Misery Index that simply totals the unemployment and inflation rates is at a 28-year high reflective of how weak the economic recovery has been and how far there is to go..The index first compiled during the soaring inflation days of the 1970s by economist Arthur Okun is registering a nausea-inducing 12.7 9.1 percent for unemployment and 3.6 percent for annualized inflation a number not seen since 1983. The index has been above 10 since November 2009 and had been under double-digits from June 1993 through May 2008..The good news of course is that the Fed-led Paul Volcker embarked on a highly successful inflation-slaying campaign that brought the level of misery down sharply through the rest of the 80s recovery decade..The bad news of course is all the bad news..Put another way by Paul Dales at Capital Economics ….

  • CNBC .When it comes to measuring the combination of unemployment and inflation it doesn t get much more miserable than this..In fact misery as measured in the unofficial Misery Index that simply totals the unemployment and inflation rates is at a 28-year high reflective of how weak the economic recovery has been and how far there is to go..The index first compiled during the soaring inflation days of the 1970s by economist Arthur Okun is registering a nausea-inducing 12.7 9.1 percent for unemployment and 3.6 percent for annualized inflation a number not seen since 1983. The index has been above 10 since November 2009 and had been under double-digits from June 1993 through May 2008..The good news of course is that the Fed-led Paul Volcker embarked on a highly successful inflation-slaying campaign that brought the level of misery down sharply through the rest of the 80s recovery decade..The bad news of course is all the bad news…