pa cashbackforex cashbackforexpip Life forexcashbackeasy index has a wide range of names, students have a student pain index, taxpayers have a tax burden pain index, people who buy a house have to buy a house pain index, when the manager has a manager career pain index, see a doctor has a medical pain index ...... the worlds various pain indices are innumerable econom 100%cashbackforexts use a variety of Economists use a variety of indicators to measure our economic life, including our joy, anger, sadness, happiness forex cashback easy other things that can be seen but not touched, they can also design indicators to analyze, and try to find ways to solve the problem We will talk about the pain index belongs to this type of indicators know what your pain index is?  The pain index we are talking about here is the famous American economist Arthur Okun in 1970, roughly reflecting the degree of economic difficulties of a countrys indicators, it is equal to the inflation rate and cashback forex rate and the sum of the two, expressed as a percentage, belongs to the lagging indicators This is because price increases and changes in unemployment rates are two factors that have a profound impact on peoples living standards prices are rising The peoples money is becoming less and less valuable, and their purchasing power is decreasing, can they be happy? Not to mention unemployment, losing a job is the same as cutting off the source of income, which is even more frustrating. From this point of view, the pain index can well reflect the peoples feelings about the overall economic performance. 16%, then the countrys pain index in that month is 24% However, compared with the devaluation of money in hand, losing your job is more painful There are empirical studies that show that the publics tolerance for inflation is 1.6 times that of unemployment, so some people also propose that the formula for the pain index should be amended to pain index = (inflation percentage 11.6) + unemployment rate percentage We are based on the amended formula, calculate the above example, the pain index = (16% / 1.6) + 8% = 18% using the same unemployment rate and inflation rate values, the revised formula yields a smaller pain index, the reason is that the revised formula assumes that peoples tolerance for inflation is large, the degree of pain brought to people by inflation discounted  The "pain index" has become a fashionable term in economics, it still has some significance in the economy when the higher the inflation rate, the higher the unemployment rate, the more difficult peoples lives, the greater the pain index; when the inflation rate and unemployment rate are relatively low, the less peoples pain index, the better life So how to use the pain index to How can the misery index be used to reflect the governments governance and the degree of misery and happiness of the people? Some people suggest that when the misery index exceeds 20%, it means the countrys economy is in a "miserable" state and the government is obviously not doing its job well. If the misery index does not reach 10%, the countrys economy is performing "well." If the misery index has declined over the past four years from its value a year ago, the economy is showing a continuous improvement in both the long and short term. Although the misery index addresses the problem of measuring peoples feelings in the economic environment, it has limitations, as it reflects only the national average and does not take into account the impact of regional development gaps and income inequality. Compared with the low-income group, the rich have more investment channels and tend to invest in stocks, bonds, foreign exchange, real estate, etc. Diversified investment can achieve asset preservation and appreciation while diversifying risks, and inflation does not have a great impact on them, while the low-income group has little savings and can only maintain basic living, which has extra money to invest? This can see why the price level only slightly increased, some people said "can not afford" the pain index can only reflect the national "pain" degree, but can not reflect the wealth differences, social status, the impact of the environment, that is, we can not find out from the On the other hand, the pain index does not take into account certain unemployment problems We know that there are various kinds of unemployment in society, including frictional unemployment, structural unemployment, seasonal unemployment, cyclical unemployment, voluntary unemployment We cannot expect the best state of zero unemployment in the economy. The financial crisis, the national suffering is not a simple formula can be measured although our economy has also encountered difficulties, in the governments policy of ensuring growth and promoting employment, peoples suffering should be lower than the formula calculated by the conclusion of how we successfully cross the "middle-income trap" We say, whether the economy is We say that whether the economy is growing steadily has a greater impact on the "suffering" of the people, and ultimately all problems still depend on economic development to solve the "trap" that the economy will also encounter. The "middle-income trap" is a concept clearly put forward by the World Bank in the 2006 East Asia Economic Development Report. However, when the GDP per capita reaches around USD 3,000, the contradictions accumulated in the rapid development will concentrate and the renewal of their own institutions and mechanisms will enter a critical stage. Many developing countries will fall into the so-called "middle-income trap" stage due to difficulties in overcoming their own contradictions in economic development, mistakes in development strategies or external shocks, and economic growth will fall back or stagnate for a long time. The "middle-income trap" stage from historical experience, many countries (such as Brazil, Argentina, Malaysia, Thailand, etc.) after entering the ranks of middle-income countries fell into the "middle-income trap", economic growth is firmly locked, a long-term stagnation of situation After more than 30 years of development, Chinas economy continues to grow rapidly, the GDP per capita in 2009 exceeded 3700 U.S. dollars, has entered the ranks of middle-income countries in the glorious achievements at the same time, China also faces the risk of falling into the "middle-income trap" from the regional development, from the coast to the mainland, regional In terms of income distribution, the gap between the rich and the poor is in danger of widening, and the social polarization is serious; in terms of urbanization development, a new urban dual structure has been formed in the process of urbanization, and the urban village for migrant workers has been appearing while the city continues to prosper. Arrival, there are relatively immature domestic financial system, these problems are likely to make us fall into the trap To successfully cross the middle-income trap, we have to pay more attention to equity in income distribution, do everything possible to increase the income of farmers, and effectively solve the three rural problems, because when more than half of our population is rich farmers also have a new engine of economic growth to improve the social security system, to We need to improve the social security system to relieve peoples worries; carry out industrial restructuring, take the road of innovative industrialization, use science and technology to transform traditional industries, and complete the upgrading of industries; deepen the reform of the political system; manage the fragile financial system and prevent the impact of financial risks on us.