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re: Trump is basically Jimmy Carter 2.0
Posted on 4/27/23 at 10:07 am to Landmass
Posted on 4/27/23 at 10:07 am to Landmass
quote:
Tell me where I lied.
Here is just a few.
Interest rate during the Carter years was as high as 22%
Gas was about $5 per gallon, we are upset more than 40 years later about $5 per gallon gas
Speed limit was reduced to 55 on highways to save gas
There was a gas shortage and people had to wait in long lines for hours to get gas and sometimes after waiting, they didn't even get gas because they ran out
Do you really think Trump is Carter 2.0? If you do you need to do a little research on your own or talk to someone about what is was like to live during those days.
1
Posted on 4/27/23 at 11:36 am to BamaMamaof2
quote:
talk to someone about what is was like to live during those days.
I remember those days, and almost everything you posted occurred during Nixon and Reagan.
Gasoline rationing? Happened during the OPEC Oil Embargo of 1973 to protest the US support of Israel in the Yom Kippur War.
Double digit inflation started under Nixon and peaked under Reagan.
Double digit interest rates, which were enacted to combat the persistent inflation, also peaked under Reagan.
I find it extremely odd how people purposely forget how much of a problem inflation was before Carter ever took office.
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