this post was submitted on 29 Oct 2023
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Politics

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[–] tintory@lemm.ee 2 points 1 year ago

Not to mention, we seen this play out historically in the US.

Inflation didn't really affect Nixon or Reagan reelection, what mattered was the wars and jobs

When Volkner jacked up rates during Carter, it cause a massive spike in unemployment which is the main reason why Carter lost reelection