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Carter caused inflation in the 70s? How did that narrative get started given that his predecessor was the one handing out "WIP" (Whip Inflation Now) buttons?

mywittyname 5y ago
I've heard people blame Obama for stuff that happened under W. Like the bank bailout (Emergency Economic Stabilization Act) / TARP. Those events did not happen that long ago, and it's a 5 second search to find out what president signed those.
- ibash 5y ago
  Hey mywittyname -- I'd like to find more about the work you mention here, is there a way I can get in touch with you? https://news.ycombinator.com/item?id=28910928 https://news.ycombinator.com/item?id=28910928 (hackernews won't let me reply to the previous comment, sorry about that!)
  - mywittyname 5y ago
    sure, I tossed you a linkedin request
Finnucane 5y ago
I still have one of those! Yes, an artifact of the Ford administration.
jonnycomputer 5y ago
That's easy. He's a Democrat, and QED. I mean, that's the extent of the "logic" as far as it goes. But enough for votes in the ballot box. The world is too damn complicated. I barely can get my tv to operate, and you're supposed to expect me to understand the ins and outs of federal reserve policy, economics, and climate change? Mueller's report was damning. But the story it told was so complicated that only obsessed people could keep the details straight, and most of those people were heavily invested in the outcome one way or the other anyway. Feeling cynical right now i guess.
- handrous 5y ago
  Judging from my Dad's trajectory, reconstructed from his accounts of his politics, during his adult life, from the 1960s-present, plus my own observations: talk radio in the 80s did it. 100%. Completely defined his worldview and all his political opinions. That was it. Long before Fox News came along. Rush & others said such-and-such about Carter. Day. After day. After day. Until he believed it.

mywittyname 5y ago

I've heard people blame Obama for stuff that happened under W. Like the bank bailout (Emergency Economic Stabilization Act) / TARP. Those events did not happen that long ago, and it's a 5 second search to find out what president signed those.

ibash 5y ago
Hey mywittyname -- I'd like to find more about the work you mention here, is there a way I can get in touch with you? https://news.ycombinator.com/item?id=28910928 https://news.ycombinator.com/item?id=28910928 (hackernews won't let me reply to the previous comment, sorry about that!)
- mywittyname 5y ago
  sure, I tossed you a linkedin request

Finnucane 5y ago

I still have one of those! Yes, an artifact of the Ford administration.

jonnycomputer 5y ago

That's easy. He's a Democrat, and QED. I mean, that's the extent of the "logic" as far as it goes. But enough for votes in the ballot box. The world is too damn complicated. I barely can get my tv to operate, and you're supposed to expect me to understand the ins and outs of federal reserve policy, economics, and climate change? Mueller's report was damning. But the story it told was so complicated that only obsessed people could keep the details straight, and most of those people were heavily invested in the outcome one way or the other anyway. Feeling cynical right now i guess.

handrous 5y ago
Judging from my Dad's trajectory, reconstructed from his accounts of his politics, during his adult life, from the 1960s-present, plus my own observations: talk radio in the 80s did it. 100%. Completely defined his worldview and all his political opinions. That was it. Long before Fox News came along. Rush & others said such-and-such about Carter. Day. After day. After day. Until he believed it.