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BaronChocula (2,510 posts) Thu Nov 7, 2024, 05:09 PMAnd we're back to the "Economic Anxiety" excuseI've been too sick to look over the margins of victory. I turned on Nicole for three minutes today and turned it off when I saw chyron proclaiming "Anger over economy drove trump victory" or something like that.I don't want to spend too much time on this, but trump seems to have won comfortably over the vice president with an economy that is actually healthy. trump lost more narrowly to the president while the economy was bottomed out. Bad. Kaput.Do the math. This was white racial anxiety, just as it was in 2016.So sick.
unblock (54,111 posts)8. Gimme a break. I lived through the 1970s. *that* was inflation.Reply to TheProle (Reply #1)Thu Nov 7, 2024, 05:20 PMI get why Carter lost, even though Nixon and ford were far more to blame, and Carter and volcker fixed it.But I get it. Inflation was double-digits, the fed jacked rates up to something like 17%. That was painful, so I get it.The 5% or so inflation was nothing compared to that.Oh and by the way, inflation only happens when people can afford it, for the most part. They may resent paying more, but if a ton of people can't actually pay more, then businesses can't get away with raising prices.Not to mention the disinformation as to who and what caused the inflation and who solved it.
Damn. Just damn. Is anyone else reveling in their misery as much as I am? The cognitive dissonance is unbelievable.