• tintory@lemm.eeOP
    link
    fedilink
    arrow-up
    2
    ·
    8 months 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