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News Link • Iran

Iran's miserable economy and wasteful foreign wars have resulted in an angry populace

• by brian wang

Iranian people have no confidence in their leaders and are frustrated with the economy, lack of economic reform and high unemployment. Most Iranian's do not care about Syria and Yemen and many are greatly angry about wasting money on foreign wars.

The Iranian unemployment has been around 10-15% for decades.

Iran's inflation rate has been 10-20% with occasional spikes to 50%.

Currenty Iran misery index is about 22% (12.1% unemployment and 10% inflation rate). This has been the typical situation with Iran's misery index usually being about 20-35%.

The misery index is the sum of the seasonally adjusted unemployment rate to the annual inflation rate.

The US inflation rate peaked at 13.3% in 1979.

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