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If the misery index stays here or gets higher before the election; "we're in for a prolonged period of economic and political upheaval".
In other words, all bets are off for the 2012 presidential election. Whoever gets the nod against Obama is going to have a legitimate shot. Just as "its the economy stupid" worked well for President Clinton, it is going to have the opposite effect for President Obama.
Misery Index (10.63) = Unemployment rate (9) + Inflation rate (1.63)
January 2011
http://www.miseryindex.us/
