cuz you know
A LOT OF MONEY
Not to mention, percentage isn’t the only measurement there’s also real gdp
not enough goods to sell
So Reagan comes in
introduced a simply policy
simple tax policy
no bullshit
you sell a car for $1000
the tax rate is 10%
Republican presidencies in terms of real gdp have contributed more to the economy, yet democratic presidencies have contributed more in terms of percentage
and then government stops spending
menaing government stop handling out free yangyang money
meaning companies now have to lower prices or go bankrupt
and some did during reaganomics
fortunately the major companies today who improvised and lowered prices under the new deregulation policy
put inflation rates at a lower rate
and thus
Your wages stagnates today
to prevent stagflation
Wow
Which is what Democrats wont tell u
as wages increase constantly
so will prices for companies and firms to readjust to worker's wages
then it'll be harder to hire new people
and etc
it's a cycle of doom
that Keynes people couldn't resolve
Where the demand for goods is higher than the supply of goods
Where did you get all this information from
BUT
economic classes
the main issue of stagflation
was essentially two problems
Unemployment and Inflation
Whichi s where stagflation comes from
Economy STAGnates and high inFLATION rates.
Yeah ik
Ye
And at the time
