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In “Lessons From the Great Inflation of 1973-81” (op-ed, Aug. 3), Phil Gramm and Mike Solon characterize the relationship between President Ronald Reagan and Federal Reserve Chairman Paul ...
Headline inflation rate has cooled from the cycle peak of 9.1% in June 2022 to 3.4% in April. Thawing inflation below the Federal Reserve's 2% upper ceiling is important for the Fed to reverse its ...
Just 40%, mostly Democrats, said they are better off. "Are you better off than you were four years ago?" Ronald Reagan debating then-President Jimmy Carter, 1980.
President Ronald Reagan's powerful legacy is more relevant today than ever. ... Nearly a 5% growth rate as inflation plunged and the stock market rose 12-fold under the Gipper.
His Economic Discomfort Index — which Ronald Reagan later renamed the Misery Index — was just the sum of the unemployment rate and the inflation rate. It was a crude measure, and arguably ...
Inflation died in the 1980s because, care of marginal tax cuts, it became surpassingly valuable to do productive things with dollars. Now if you went out and earned/made money, you kept it.