Misery Index : Pain Inflated

Uh oh. Here comes the pain. The Misery Index taken from the latest figures from the Office for National Statistics shows inflation and unemployment as well as the deficit cutting is really starting to hurt.

The Misery Index was steadily increasing since the beginning of the year. People got happier as Danny Alexander and Osborne took their axes to the deficit.

The continuing rise in unemployment and a leap in public sector borrowing means misery all round!

N.B. Stats bods can check Guido’s adding up here.

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Quote of the Day

Speaking at the Salzburg Summit on the Brexit negotiations, Juncker revealed:

“No decision will be taken here. Whenever the Commission is too flexible things are going wrong.”


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