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Misery Index (economic)




During the Presidential Campaign Of 1976 , Democratic Candidate , Jimmy Carter , made frequent references to the Misery Index, which by the summer of 1976 was at 13.57%.

Carter stated that no man responsible for giving a country a misery index that high, had a right to even ask to be President.

Carter won the 1976 election. However, by 1980 , when President Carter was running for re-election against Ronald Reagan , the Misery Index had reached an all-time high of 21.98%. Carter lost the election to Reagan.


TRIVIA


  • The lowest index since 1948 was 2.97%, in July 1953 .

  • The Misery Index during the first term of the administration of President George W. Bush was better than it had been in most years since World War II. By the end of 2004 it was 7.4, which is lower than it had been in every one of President Bill Clinton 's first four years. It was at 8.4 when Clinton was re-elected in 1996 .



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