Since old Scranton Joe — as some affectionately call him — really has a soft spot for nostalgia, he decided to bring back another favorite.
So back by popular demand, Joe is reviving the great “misery index.” It was such a smash hit in the 70’s that it is sure to be a crowd-pleaser. Gotta love Joey and his ‘softer side.’
Joe recently paid a visit to former President Carter in GA, where he was briefed on the finer details. He wants to make sure to get all the aesthetics correct before rolling it out.
Stay tuned, old Joey is ironing out some logistics but promises it will be worth the wait.
(Wikipedia) “The misery index is an economic indicator, created by economist Arthur Okun. The index helps determine how the average citizen is doing economically and it is calculated by adding the seasonally adjusted unemployment rate to the annual inflation rate.
It is assumed that both a higher rate of unemployment and a worsening of inflation create economic and social costs for a country.”
For example, Jimmy Carter’s Misery Index peaked at 21.98 in 1980 — almost rivaling some interest rates at the time.
It’s satire, people…. at least for now anyway. (Iggy says he has a similar index of his own)
And now for your listening pleasure only, to coincide with the anxiousness of the times.
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