I also believe COVID played a huge role. People were like “Trump is an idiot and is going to get us all killed!” so they went with Biden. Then Biden did ok for awhile then some of us had to die for the economy. :(
And everyone is bitching about the state of the economy now. You think it would have been better off if we had extended even longer the conditions that led to the inflation?
yes that’s exactly the evidence from the 1918 flu pandemic showed: places which locked down harder and longer had quicker economic recovery. This is probably even more the case with COVID which is leaving people longterm, if not lifetime, disabled.
the documented reason for recent inflation in the US is corporate greed, the only thing COVID did was give corporate execs an excuse
I also believe COVID played a huge role. People were like “Trump is an idiot and is going to get us all killed!” so they went with Biden. Then Biden did ok for awhile then some of us had to die for the economy. :(
And everyone is bitching about the state of the economy now. You think it would have been better off if we had extended even longer the conditions that led to the inflation?
yes that’s exactly the evidence from the 1918 flu pandemic showed: places which locked down harder and longer had quicker economic recovery. This is probably even more the case with COVID which is leaving people longterm, if not lifetime, disabled.
the documented reason for recent inflation in the US is corporate greed, the only thing COVID did was give corporate execs an excuse
The inflation we have experienced since 2020 is almost exclusively due to corporate greed.
Do you have any numbers to back this up?
Because economist disagree.