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Originally Posted by sebastian_dangerfield
This is a dumb debate
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Agreed.
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Carter oversaw a four year slide and, had he been re-elected, would have seen four more.
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Why do you say that? You think Volker would have acted differently had Carter been re-elected? Or are you making an exception to your general position that politics don't matter nearly as much to the economy as people think.
For Hank: To be clear, I have no view on whether Carter would have continued to fuck up the economy. My view is that Volker is the key actor in the early 1980s economy.
