this post was submitted on 21 Jun 2025
508 points (99.0% liked)
Political Memes
8643 readers
6472 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
No AI generated content.
Content posted must not be created by AI with the intent to mimic the style of existing images
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Not only could you handle it, it's actually beneficial. Inflation - if matched with equivalent increases in wages - eats away at debt over time, because your debt is locked in at the point where you take it on, but your buying power relative to that debt continues to increase.
Our enemy is not inflation. Inflation can be our friend. Our enemy is stagnant wages that no longer rise in step with productivity.
Everyone needs to see this graph and really understand what our problem is.
1972... the pride and joy of the united states, richard nixon
Then you can see where it tries to stay close until Reagan and it splits faster than a cheerleader.
The Heritage Foundation was founded in 1973, which just so happens to be the dividing line in this graph.
Reagan was the first president that really allowed the Heritage Foundation to go wild.
There's a good video about their history here: https://www.youtube.com/watch?v=8eeCPRD0Hgg
You should watch the documentary Bad Faith.