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The voters punished Trump because of inflation. Then they punished Biden because of inflation. Show me the gas and grocery prices from July-Nov 2028, and I'll
by phtrivier 1y ago
The voters punished Trump because of inflation.
Then they punished Biden because of inflation.
Show me the gas and grocery prices from July-Nov 2028, and I'll be ready to bet on the winner of next elections (assuming they happen, etc...)
- NewJazz 1y agoWe didn't really have much inflation by Nov 2020?
- phtrivier 1y agoRight, I mixed up my measures (mixed the hike on gas price that gave us yellow jackets in Europe with the us prices, which had a hoke but much smaller.) Sorry.
- majormajor 1y agoInflation was low until things opened back up around April 2021 when the vaccines rolled out. See table here: https://www.usinflationcalculator.com/inflation/current-inflation-rates/ https://www.usinflationcalculator.com/inflation/current-infl... That inflation was in large part a very-predictable bullwhip effect of what happened in 2020 and possibly could've been prevented by supply-side interventions in 2020, but voters were not punishing Trump for it in 2020. He lost votes for appearing generally inept in the face of a pandemic (probably nobody would do better) and in the face of police violence and protests (much of his base felt he should have been much more authoritarian from the federal level even then).