Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Politics
Shrewd'm.com Merry shrewd investors
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Politics

Halls of Shrewd'm / US Policy❤
Unthreaded | Threaded | Whole Thread (34) |
Author: albaby1 ✶🐝 HONORARY
SHREWD   😊 😞
Number: of 48490 
Subject: Re: “Life was better under Trump”
Date: 11/26/2024 4:03 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 1
no, what we heard, as amplified by media, was an anchoring to absolute price levels when blaming biden for inflation.

There's no inconsistency there. Voters hated Biden's handling of the economy because prices rose so much during the times of peak inflation, and they weren't satisfied just because the rate of inflation got down closer to pre-pandemic levels.

Trump wasn't in office during the inflation surge, so he doesn't get tagged with it. So voters will be relatively satisfied if inflation rates remain modest going forward. They'd like $2 gas, but they're not going to be deeply unhappy if gas prices are closer to $3 in 2028.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (34) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds