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Editorial/Opinion/Blogs / Re: Stagflation Stages A Comeback ~ I & I Editorial Board
« Last post by Fishrrman on Today at 10:38:57 pm »The core of "stagflation" back then (1970's) was due to the oil embargo and the astounding jump in the price of fuel for both cars and commercial vehicles. The higher prices soared at every step of the production and distribution process.
That we have it again is almost for the same reason.
The difference is now the higher prices for energy throughout the economy are being forced upon us BY OUR OWN GOVERNMENT.
What did Mr. Jefferson say about governments that no longer serve the governed?
That we have it again is almost for the same reason.
The difference is now the higher prices for energy throughout the economy are being forced upon us BY OUR OWN GOVERNMENT.
What did Mr. Jefferson say about governments that no longer serve the governed?