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Well, if you want to go historical, I should also point out that Reps have almost always been cleaning up the mess for Dems. Going as far back Jimmy Carter, where was the highest inflation over 10%. And made a significant negative impact to real disposable income to American adjusted to inflation.
Reagan came in and lowered it to below 5% IIRC, and ever since it has always been Dems presidents raise inflation, Reps lower them. If you factor GDP growth relative to inflation, the Reps actually done better overall.
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