Monday, September 21, 2009

Carter/Obama Misery Index

"You calculate the Misery Index by adding the unemployment rate to the inflation rate. In the 1976 election, Carter devastatingly used a Misery Index of 12.5 to unseat the bumbling, ineffective Gerald Ford. Four years later in 1980, Carter's "weapon" blew up in his face -- a 21.9 Misery Index all his own crushed the Peanut Man's reelection hopes. You can break out the Misery Index again, thanks to President Obama whose policies remind me of Carter more with every passing day." quoted from a letter by Dick Morris

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