The Misery Index by US Presidential Administration from Truman 1945 - Trump 2020 - Brer Caleb, PhD.!
Channel: Brer Caleb, Ph.D. Deception Protocol Simplified!
Date: 27/08/2020

The Misery Index by US Presidential Administration from Truman 1945 - Trump 2020 - Brer Caleb, PhD.!

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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. The chart below includes inflation, unemployment, misery index, and who was President. As inflation rises the cost of living increases and as unemployment rises more people cross the economic line into poverty. Therefore, this index is a quick and dirty metric to gauge the health of the economy since both high unemployment and high inflation are major factors to the average wage earner.

Unfortunately,  although data for the annual inflation rate is available back to 1914 (the CPI index began in 1913) data for the misery index is only available back to 1948 due to the lack of unemployment numbers prior to 1948. The original Misery index was created by economist Arthur Okun during the Johnson administration in the 1960s, not by Robert Barro as some people mistakenly believe. Barro created the “Barro Misery Index” (BMI) in 1999, which also includes interest rates and Gross Domestic Product (GDP) trend into the mix.

Biting the Rubber Bullet
There are many issues at stake, but for argument's sake, we will only deal with facts. A problem like this should not have happened in our society, but it did. We depend on these facts, for without we have an empty hypothesis.
Let us take each step-in stride and understand that we are not attacking anyone but exposing the facts. It is not dirt for dollars campaign, for it is called the road Restorative Justice. I love the Bible, and I love historical films, with prophets like Moses, Yahshua. Thus, the question, what does one concern the other?