> > I am having a hard time finding good numbers, but one reference on the
> > web (http://www.let.rug.nl/usa/H/1990/ch8_p21.htm) put it above 20% in
> > 1980.
> >
> 
> http://www.huppi.com/kangaroo/L-carterreagan.htm


The US Bureau of Labour Statistics places CPI inflation at 13.5% in 1980.

ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt


Williams' link uses this number as well as states the following,

"In 1980, the "misery index" -- unemployment plus inflation -- crested 20
percent for the first time since World War II."

Perhaps some media sources have been confusing these numbers.

Dean

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