06-16-2022, 05:57 PM
(06-16-2022, 04:43 PM)ochocincos Wrote: Take a look at the numbers - https://www.usinflationcalculator.com/inflation/historical-inflation-rates/
A lot of people assume (incorrectly) that inflation happens more when democrats are in charge, and lower when republicans are.
But what actually affects it more is a healthy and growing economy.
Great post, ocho. I like root cause discussions like this. I wanted to add a little bit more to this particular point. Since 1960, inflation has actually been higher on average under Republican presidents (4.1%), not Democratic presidents (3.1%)
Of course, political affiliation doesn't cause it but I wanted to strengthen your point that this, among with several other partisan arguments, are not based in reality. Very rarely is something as simple as we think it is. Hence, why I enjoy these topics. They are educational.
