Originally Posted by
PostmodernProphet
I remember Reagan......he's the guy who inherited Carter's inflation and stopped it.......nice try but your ignorance is transparent....
The 1970's inflation was started by Nixon and his compliant Fed Chairman, Burns, ginned up the economy to get Nixon reelected. It caused high inflation that lasted for almost a decade. Carter's appointee to the Fed, Volcker, gave the economy a huge amount of pain, but stopped inflation. Many point to that economic pain as the reason Carter did not win reelection.
You admit your first post claiming that the last time inflation was this high, Carter was President was completely wrong. Now admit that the inflation started with Nixon, and ended with Carter's appointee.
Daniel Patrick Moynihan said it best, "You are entitled to your opinion. But you are not entitled to your own facts."
Paul Begala, "Politics is show business for ugly people."
Stephen Colbert, "Reality has a well known liberal bias."
trump is a child rapist. We all know it.
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