Even before the Iran oil shock, US economy was under stress
In the absence of a direct military threat against the United States, nothing should concentrate a president’s mind as much as the economy, especially when signs are pointing to possible “stagflation” if things continue as they are. Previous presidents understood this. We can’t be sure about today’s provocateur in chief. Consider Gerald Ford. Though he […]
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In the absence of a direct military threat against the United States, nothing should concentrate a president’s mind as much as the economy, especially when signs are pointing to possible “stagflation” if things continue as they are. Previous presidents understood this. We can’t be sure about today’s provocateur in chief. Consider Gerald Ford. Though he lost the Bicentennial-year presidential election in 1976, nobody could accuse Ford of indifference to the economic hardships Americans were facing from inflation. Recommended Stories First insulin, now everything: Trump administration uses tech to lower your drug costs China’s beachhead in the Balkans AI is eliminating the bottom rung.
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