silence7@slrpnk.net to United States | News & Politics@lemmy.mlEnglish · 3 months agoInflation’s Wild Ride | Inflation has surged and moderated since the pandemic. As the presidential election approaches, politicians are focused on who is to blame. How did we get here?www.nytimes.comexternal-linkmessage-square8fedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-down1external-linkInflation’s Wild Ride | Inflation has surged and moderated since the pandemic. As the presidential election approaches, politicians are focused on who is to blame. How did we get here?www.nytimes.comsilence7@slrpnk.net to United States | News & Politics@lemmy.mlEnglish · 3 months agomessage-square8fedilinkfile-text
minus-squareatzanteol@sh.itjust.workslinkfedilinkEnglisharrow-up0·3 months agoWho is to blame? The US economy is a crazy complicated system with many free actors. To think that it can all be distilled down to just the president is ridiculous. We don’t live in a centrally planned dictatorship.
minus-squaresilence7@slrpnk.netOPlinkfedilinkarrow-up0·3 months agoThe key thing is that it dropped down to around the long-term average of 3% per year. And did it quickly and without a recession. That combination is downright amazing.
Who is to blame? The US economy is a crazy complicated system with many free actors.
To think that it can all be distilled down to just the president is ridiculous. We don’t live in a centrally planned dictatorship.
The key thing is that it dropped down to around the long-term average of 3% per year. And did it quickly and without a recession. That combination is downright amazing.