Steve Randy Waldman
@interfluidity.com

@dylanmatt.bsky.social it's, um, not so great you used a 2022 analysis near US peak inflation to claim "economists…attributed abt 3 percentage points of inflation to excessive stimulus", when from 2021-01 to 2024-11 the US experience was about the same as the EU and Eurozone on OECD numbers. 1/

Steve Randy Waldman
@interfluidity.com

"overall price increases could have been reduced, perhaps even halved." is also misleading, since the peak you claim might have halved was quite narrow. again, given global experience since 2022, this analysis on which your diagnosis of Biden's failure largely hangs, strikes me as tendentious. 2/

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Steve Randy Waldman
@interfluidity.com

Re www.vox.com/politics/394... ht @akkartik.name My OECD numbers from data-explorer.oecd.org/vis?lc=en&pg... accessed 2025-01-19 (Overall OECD inflation, and OECD Europe, were much higher than the US, but that's largely Turkey, less comparable.) /fin

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The president who could not choose: Biden’s indecision led to four years of weakness.

The president who could not choose

Link Preview: The president who could not choose: Biden’s indecision led to four years of weakness.
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