Things from the past! In the Depression of the 1930s the cheapest meat was STEAK! Yet people without jobs could not afford it and starved.
So FDR decided to get the price UP by buying and killing millions of head of beef and hogs. The meat had to be shot and buried. Some say some of it was given to the poor but others said it had to be buried. And those without jobs st could not afford the meat.
In the mid 1970s Gerald Ford started his Whip Inflation NOW!(WIN) to stop inflation. The stores simply ignored it.
It is now as bad as in the Carter Years when the interest rates were at 8% for a government loan on a house.
My memory says interest rates on homes hit 14% before that slack-jawed peanut farmer was ousted. We had an 8% mortgage and were celebrating that we didn’t wait longer to buy our house.
Mortgage rates during Carter’s presidency reached historically high levels. By 1980, the average 30-year fixed mortgage rate was approximately 16-18%.
I hear demonrats are cheap but they’re gamey and stringy so stock up on bbq sauce.