The misery index is a combination of inflation and unemployment and in general, as the two head upwards during an election year, the incumbent party in the White House struggles. Obviously both are rising quickly this year and to date, McCain has managed to avoid discussing the economy and separate himself from Bush. The Clinton campaign hammered away with "it's the economy, stupid" in 1992 to victory and this year it's hard not to be aware of friends, family and neighbors being weighed down by this nasty combination.
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