General Discussion

modrepub

(3,985 posts)

25. And

Thu Dec 11, 2025, 07:22 AM

Dec 11

The normal way out of inflation is raising interest rates, which usually cause a contraction in economic output that may cascade into a recession. The fed and Trump’s obsession with fed interest rates cuts may signal the US economy is very wobbly at the moment. Kind of hard to tell with little government economic data available right now.

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FakeNoose

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NPR got it wrong(?): [View all] applegrove Dec 10 OP

14.8%in 1980 UpInArms Dec 10 #1

Yep the other dates were before my time, but I remember the one in 1980 FakeNoose Dec 10 #9

My mortgage was at 13.75% interest UpInArms Dec 10 #17

Same Woodwizard Dec 11 #26

Mine was 16% in the late 70s radical noodle Dec 11 #29

We bought a house on contract in 1980..12% interest and everyone thought we were the luckiest Peacetrain Dec 11 #31

I get so tired of the "boomers had it good" mantra radical noodle Dec 11 #35

I made 2.50 an hour.. Peacetrain Dec 11 #39

I do as well Rebl2 Dec 11 #44

My neighbor back then also paid 16%. Wonder Why Dec 11 #36

We had the same thing. murielm99 Dec 11 #38

And modrepub Dec 11 #25

And what is made available likely modified to show the economy as better than it is. Lonestarblue Dec 11 #28

Our son mgardener Dec 11 #51

I heard that and... 2naSalit Dec 10 #2

I agree. I turned them off for good on the morning of the empathy discussion featuring Elmo Mucks/Rogan interview. littlemissmartypants Dec 10 #10

We got 9.9% as a special first time home buyers deal in 1984. House and 2.5 acres was 44,000. Going rate was 12% Evolve Dammit Dec 10 #3

Back in the early 90's, our first mortgage was 8.3% and we thought we were doing stellar! paleotn Dec 10 #8

Bought a house in 1985, not the first house. llmart Dec 10 #16

NPR has been changing since GW Bush... slightlv Dec 10 #4

I stopped listening to them because of their fawning over Dubya. llmart Dec 10 #18

NPR- Nice Polite Republicans TomSlick Dec 10 #5

Bingo. littlemissmartypants Dec 10 #11

National Petroleum Radio. paleotn Dec 10 #6

Morning Edition and ATC have been soft-balling Republicans for as long as I've been listening. Orrex Dec 10 #7

I stopped listening a few years ago BaronChocula Dec 11 #47

So long NPR... ZDU Dec 10 #12

I find that their longer-form programming is still quite good Orrex Dec 10 #13

KQED (SF Bay Area) ZDU Dec 10 #14

And Fresh Air is sales for the wannabes. cbabe Dec 11 #30

Terry Gross ZDU Dec 11 #40

I love Santaland Diaries. markodochartaigh Dec 11 #33

This message was self-deleted by its author OnionPatch Dec 10 #15

Did they "get it wrong"... llmart Dec 10 #19

The official U.S. inflation data: peak inflation was 14.6% in March and April of 1980 progree Dec 10 #20

Yeah, all they would have had to do was say "record since 1980" and it would have been accurate. soldierant Dec 10 #21

Damn, poor Carter had no chance for re-election with 14.6% inflation Polybius Dec 11 #52

NPR started getting really sloppy in 2005 Warpy Dec 10 #22

NPR still a hella lot better orangecrush Dec 10 #23

Wow Joinfortmill Dec 10 #24

This is what I always say when earlier generations whine about how good boomers had it? Betty Boom Dec 11 #27

NPR got an endowment level donation from the Kroc (McDonald's) family in 2003 librechik Dec 11 #32

Inflation that continued during covid STARTED under TSF first term. nt wiggs Dec 11 #34

With NPR News in Washington, I'm Giles Snyder. Today, the Trump admin- Xavier Breath Dec 11 #37

Pretty typical ITAL Dec 11 #41

On short term "records" hvn_nbr_2 Dec 11 #42

Question Sane1 Dec 11 #43

To be clear, inflation under Biden peaked at 9.1% for a SINGLE MONTH Wiz Imp Dec 11 #45

I gave up on NPR years ago and I used to be a very generous donor. OMGWTF Dec 11 #46

Their "go along to get along" strategy is shortsighted and will fail because tRUMP's a raging lunatic wolfie001 Dec 11 #48

Let me tell you something True Dough Dec 11 #49

So was this ever corrected on the air? senseandsensibility Dec 11 #50