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It was all about the Fed. George Bush lost because of Fed decisions. The economy went into a brief recession. Bush was extremely popular after the first Iraq
by melling 7y ago
It was all about the Fed.
George Bush lost because of Fed decisions. The economy went into a brief recession. Bush was extremely popular after the first Iraq War. Unfortunately, rates went up...
Paul Volcker was appointed by Carter. He really cranked up rates:
https://www.washingtonpost.com/local/obituaries/2019/12/09/c744d596-1468-11e1-9048-1f5352187eed_story.html https://www.washingtonpost.com/local/obituaries/2019/12/09/c...