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Reply to "U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years"
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[quote=Anonymous][quote=Anonymous]They were wrong. Biden isn't Carter. He's Reagan. [twitter]https://twitter.com/BusinessInsider/status/1469299231244660742[/twitter][/quote] You just shot yourself in the foot. :roll: Reagan was famous for proactively combatting inflation. He came into office in a period of stubbornly high inflation and one that was already steadily worsening. He promised to tackle it, and he did. Sharp increases in interest rates and led to a short if painful recession in the early 1980s. But once inflation was brought under control, the American economy took off. There's a distinct reason why Carter is associated with inflation and Reagan is not. [/quote]
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