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Last time USA had a real inflation problem, Jimmy Carter pushed the fed and they jumped rates to 20%. That stopped inflation, as well as Carter’s re-election.
by IggleSniggle 4y ago
Last time USA had a real inflation problem, Jimmy Carter pushed the fed and they jumped rates to 20%. That stopped inflation, as well as Carter’s re-election.
- mc32 4y agoBiden’s own party is having cold feet about him running again. I don’t think they’ll make it viable for him to run. They’ll let the rumors fly and allow someone else to be the nominee. So he need not think about implication on his re-election as there won’t be any.
- IggleSniggle 4y agoGreat point. He didn’t really seem to want to be Pres anyway. Not that the Pres has all the much power over the economy anyway, but hopefully since he probably doesn’t have anything to lose anyway, he’ll simply push towards the best thing for the country rather than best thing for re-election or party.