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My parents almost lost their house to a 19% mortgage after he was in office.
by nla 2y ago
My parents almost lost their house to a 19% mortgage after he was in office.
- SoftTalker 2y agoThis is the big reason he lost in such a landslide. The economy was awful. Good man, but a terrible president.
- johnnyanmac 2y agoEven a president can't just snap their fingers and fix inflation overnight. We're going through the exact same thing right now. it was a miracle enough that they brought down the crazy inflation from COVID and stopped another recession. It's a shame that it seemed like that remission reversed right before election season, though.
- nla 2y agoCarter created the inflation.
- johnnyanmac 2y agoIn the same way Biden created the inflation, yes. Never mind the huge event that happened 4-5 years prior. The economy doesn't turn on a dime.
- rexpop 2y agoCan someone explain what this has got to do with the OP?
- Tiktaalik 2y agoIf you're thinking this was Carter's fault, well the same thing happened North of the border too. History seems to be repeating right now as people frustrated with severe inflation are blaming their local governments and dumping incumbents, but the problem is world wide and it's not terribly clear that there are some poor decisions by local governments that are to blame.