No; the study demonstrated a clear correlation between "de-anchored" expectations (that inflation would be worse) to inflation actually being worse for them.
And the study cites data back to the Mitt Romney election, not "just" 2020.
US inflation correlates with......Republican hysteria!!!!??👀👀👀
- Thread starter Joes Place
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No; the study demonstrated a clear correlation between "de-anchored" expectations (that inflation would be worse) to inflation actually being worse for them.
And the study cites data back to the Mitt Romney election, not "just" 2020.
Actually, if you read the paper, the US's inflation rate would be LOWER if the GOP hadn't dissociated from reality on the topic...
No, it's because corporations know Biden wants to reverse Trump's massive corporate tax rate cut and executive millionaires tax rates cuts, while Trump is promising to cut them even more.
So they are raising their prices as high as possible and beyond even while reaping century-high profits to drive people to despair and blame Biden and get Trump back in to keep those oh-so-sweet billionaire tax breaks coming.
So weird that "demand" in the more sparsely populated Red areas would outpace demand in the Blue cities and suburbs...
You haven’t paid attention to the economy under Republican presidents previously??
I think you underestimate the stupidity of people buying trucks they can’t afford.
In a deflationary cycle consumers believe prices will keep going down so they hold off on purchases to buy cheaper in future which hurts growth and continues the spiral.
When consumers are convinced inflation will persist they buy now to avoid higher price which ratchets up demand which pushes prices higher.
When consumers are convinced inflation will persist they buy now to avoid higher price which ratchets up demand which pushes prices higher.
Who made that claim? You seem befuddled by what the WSJ article and study actually say.
Damn, hearing Americans setting records on air travel and record numbers that are driving to vacation spots on Memorial day and spending on high end hotels tells me they aren't concerned with inflation. To top that off, the number of those going the 4th and Labor day will even be bigger as reservations have already been made. WHAT INFLATION, are you concerned about, me, none.
Apparently, that's all "Democrats" who don't think inflation is "8%" right now...
The economy always goes to S under right wing governments
Shocked Brits react to rise in cost of living under Conservative government | 2010 v 2024
The more government jobs you create the more inflation you’re going to have. Military spending is especially inflationary. No consumer products produced for that 800 billion spent…
