There might be a few rays of economic sunshine breaking through the clouds but there are plenty of things bugging the typical family. People are holding down several jobs when they can find them and are pinching pennies to pay for gasoline that is bumping against $4.00 a gallon. Food prices and medical expenses are rising. This isn’t exactly the best of times and the worst of times by a long shot, but there does seem to be more than enough misery to go around.
Arthur Okun invented his “Misery Index” in the 1970s when inflation was headed to the heavens along with unemployment. He added these two together—the unemployment rate and the inflation rate—and generated a new compact measure to look at the health of the economy.
Okun’s index spoke to two very serious questions. Are my job prospects improving? And if I have a job, what’s happening to the purchasing power of my money?
Tune in to Diva TalkRadio, when Mr. Divabetic and the Charlie’s Angels of Outreach discuss the misery index and diabetes at 6 PM, EST. How does diabetes takes a toll on lifetime earning potential? Although, Diabetes is a costly disease, new research suggests those costs may extend far beyond the obvious expense of medicine and related health care. Don’t Miss It!
Diva TalkRadio podcast link: http://www.blogtalkradio.com/divatalkradio1/2012/03/13/diabetes-roundtable-inspired-by-kristen-chenoweth