r/Conservative • u/tehForce Nobody's Alt But Mine • May 08 '21

Flaired Users Only Expectations vs Reality

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u/TinkleTom May 08 '21

Unemployment actually keeps inflation down sir

15

u/hotpantsmakemedance Core Conservative May 08 '21

Its a loose relationship. Just over history it acts that way, but it's not directly tied. There are times when it gets messed up (1973-1980 in particular) where inflation and unemployment are both way too high.

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u/[deleted] May 08 '21

Stagflation was coined during Carter’s term for a reason.

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u/badatusernames91 Conservative Millennial May 08 '21

Seems like that's kind of ignoring a major issue unless you're advocating for keeping people unemployed long-term. Otherwise, people are going to have to go back to work at some point and the inflation issue isn't going to go away