But they could soon learn about it the hard way, thanks to President Joe Biden’s economic incompetence. The misery index, a measure started under President Lyndon Johnson, is a simple measure combining the unemployment rate and the inflation rate.
The idea being that joblessness and a fast-rising cost of living produces palpable misery in the country. ...The misery index has climbed each and every month that Joe Biden has been president....
...What’s driving the current rise in the misery index? Biden and his fellow Democrats decided to pass another massive COVID-19 bailout — the “American Rescue Plan” — despite warnings from even liberal economists that flooding the economy with another $2 trillion in cash posed a serious risk of inflation...Read all.
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