GottaLaff ,
@GottaLaff@mastodon.social avatar

“16 Nobel Prize-winning economists penned a letter, first obtained by Axios, warning about the possibility of higher if returns to the White House next year.”
https://www.newsweek.com/donald-trump-inflation-nobel-economists-warning-1917046

DemDifference ,
@DemDifference@mastodon.social avatar

@GottaLaff

Speaking of inflation and the economy, some historical context:

Overall prices rose 21% in Ronald Reagan's first term.

State of the economy when Reagan ran his upbeat "Morning in America" reelection ad in Sept 1984:

• Unemployment 7.3%; inflation rate 4.3%

State of the economy today under Biden:

• Unemployment 4.0%; inflation rate 3.3%

WilliamAvery ,

@GottaLaff Hey, Donnie, how’s your Nobel Prize coming along? Oh, wait. Haha

PJ_Evans ,
@PJ_Evans@mastodon.social avatar

@GottaLaff
"May"?
I'd say WILL.

jimthewhyguy ,
@jimthewhyguy@techfieldday.net avatar

@GottaLaff Seeing most of the think the higher price for a carton of eggs is caused by too many "criminals" coming over the border to work on Wisconsin dairy farms, I'm not sure the opinion of a bunch of "elite egghead PhDs" will make any difference. 😩 🤦‍♂️

jenzi ,
@jenzi@mastodon.social avatar

@GottaLaff Said this before - this news story needs to get legs. No one wants Trump to wreck the economy.

virtuous_sloth ,
@virtuous_sloth@cosocial.ca avatar

@GottaLaff Of all the reasons to not vote Trump, that's neat the end in importance

GottaLaff OP ,
@GottaLaff@mastodon.social avatar

@virtuous_sloth Not to voters. They see inflation as a problem, warranted or not.

Piousunyn ,
@Piousunyn@universeodon.com avatar

@GottaLaff Uh, Trump said he wants to dispose of his political opponents if he become president, think inflation is over rated?

GottaLaff OP ,
@GottaLaff@mastodon.social avatar

@Piousunyn Not to voters it isn’t.

bytebro ,
@bytebro@mastodonapp.uk avatar

@GottaLaff I think 'higher inflation' might be the least of everyone's worries.

mowm34 ,
@mowm34@hachyderm.io avatar

@bytebro @GottaLaff but it might be of most concern to some people who might otherwise vote for Trump, and the fact that it's newsweek releasing these kinds of articles gives me hope.

GottaLaff OP ,
@GottaLaff@mastodon.social avatar
  • All
  • Subscribed
  • Moderated
  • Favorites
  • random
  • test
  • worldmews
  • mews
  • All magazines