I just read two very interesting articles on the U.S. economy, written from historical perspectives. They compelled me to share my own historical perspective. And what I want to say is more about our changing culture than our economy.
One of the articles, by Julie Crawshaw of MoneyNews.com, notes that the “Misery Index”-the combined unemployment and inflation rates-made infamous under President Jimmy Carter, has hit a 28-year high. It’s also 62 percent higher than when President Obama took office.
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