In this article, Matthew Yglesias points out that goods and services are more affordable than they’ve ever been in real terms. So what should we make of the success of “affordability” politics? Yglesias argues that this should be understand in terms of high nominal prices, i.e. inflation, which tend to make voters mad for totally irrational reasons. Making matters bad for Donald Trump, his actual policies are unlikely to bring inflation fully under control.
FemboyFatale7 on
Yes?
Starcast on
Can’t say I really have the patience to read MattYs writing anymore. Dude seems more dedicated to having a ‘unique’ opinion than a correct one.
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In this article, Matthew Yglesias points out that goods and services are more affordable than they’ve ever been in real terms. So what should we make of the success of “affordability” politics? Yglesias argues that this should be understand in terms of high nominal prices, i.e. inflation, which tend to make voters mad for totally irrational reasons. Making matters bad for Donald Trump, his actual policies are unlikely to bring inflation fully under control.
Yes?
Can’t say I really have the patience to read MattYs writing anymore. Dude seems more dedicated to having a ‘unique’ opinion than a correct one.