Time - Like the wind chill factor, the Misery Index takes unpleasant objective conditions and tries to gauge just how bad they make people feel. But the two factors that go into the Misery Index – unemployment and inflation – affect various subgroups within the U.S. population quite differently. Not surprisingly, people feel kind of crummy nowadays. Indeed, the Misery Index has reached 12.6, its highest level in 28 years. It last peaked at the end of the Carter Administration when lax Federal Reserve policies combined with soaring oil prices to create the combination of economic stagnation and inflation known as stagflation.
Umm, pretty miserable, hey thanks guys, thanks for pointing that out. What I really wanted to do today was read a think-piece that forced me to take stalk of exactly how much more miserable I’ve been this year compared to last year.
Instead of distracting me for a few minutes of my mundane, repetitive, underpaid life, please remind me of things like, the job market sucks, there's no upward movement anywhere, things cost more than they did a year ago, yearly raises aren’t even covering cost of living adjustments, the fluorescent lights at work are probably giving us all cancer, etc, etc…
A real cheery piece of work, brightened the hell out of my day. Let me just go share that with my team, make sure we’re all as un-productive as I’m going to be this afternoon, contemplating our miserable lots in life.
