Generally, presidents get too much blame and too much praise for the economy. More often than not, the economy chugs along or chokes in spite of presidents. But Joe Biden came in with a bunch of progressives pushing modern monetary theory, a system that rejects several hundred years of economic consensus. They were warned by even Democrat economists that their plans would result in inflation. Now, they’re getting exactly that and more. They’re going to reap what they sowed come November.
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Economics Degree...
Some schools allow students to choose between a Bachelor of Arts or a Bachelor of Science in economics, with the latter typically asking students to develop more quantitative skills.
Go figure. Economics is a science, there are rules that if violated result in objectively negative results. Well, negative if your objective is functional, beneficial capitalism. Positive if your objective is to disparage capitalism.
Erick, your dates are incorrect on the oil embargo, it happened in 1973 under Nixon's watch, he formed the Federal energy Commision to explore ways to get the country off of foreign oil, Carter turned it into the useless dept. of Energy in 1977, I worked at a gas station on weekends during this period, so I know my dates are accurate