"We have declining inflation, except the president’s putting on inflationary tariffs.

We have incredibly low unemployment, except where it’s caused by the Trump administration.

We have a market that was doing extremely well last year, until the Trump Administration sowed the level of uncertainty that I can’t recall any time since — Are you ready, Ski Daddy? — Jimmy Carter."

  • Dagwood222@lemm.ee
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    2 days ago

    [off topic?]

    They hate on Jimmy Carter and love Ronald Reagan.

    What they don’t realize is that Reagan kept Carter’s man Paul Volker in charge; it was Carter’s plan that stopped inflation. Another fact the right likes to ignore is that the inflation started under Nixon. He was paying for the Vietnam War by printing money because he didn’t want to raise taxes. The War was incredibly costly because we were dropping about three Hiroshimas a day on empty jungle. When the Arab Oil boycott hit, it almost crushed the system.

    • arrow74@lemm.ee
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      2 days ago

      Reagan also negotiated with a foreign power to keep Americans hostage until after the election. He should have been charged with treason

      • Dagwood222@lemm.ee
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        2 days ago

        I like to put it this way.

        Before Reagan was elected, ‘middle class’ was still defined as one good Union job paying for a family of four. In those days, $1 million was still considered a vast personal fortune. By the time Bush Sr. left office, ‘middle class’ was two incomes to keep the family afloat and $1 million was what a rich guy paid for a party.