(Scissorhead @NamelessCynic of the twitterverse)
So… that W$J that has everyone wringing their hands? You know the one that found that 50% of voters cited inflation as the main issue they wanted the federal government to address and that Republicans have a 17-point advantage over Democrats — 47% to 30% — on which party is better able to handle inflation, and so the DEMS ARE DOOMED!!1!
(No link as it is the W$J behind a paywall):
The Wall Street Journal poll was conducted by the firms Impact Research and Fabrizio, Lee & Associates, who surveyed 1,500 respondents, drawn from a list of known, registered voters, from March 2-7. Half the respondents were interviewed on their cellphones. One-quarter were reached by text on their cellphones and completed an internet survey. One-quarter of respondents were interviewed by landline phone. The margin of error for the full sample was plus or minus 2.5 percentage points.
What exactly is a list of known, registered voters? As for the break-down by percentage, you can ask your own questions (I cannot even imagine the 50% who answered an unknown caller! or the 25% who replied to an unknown text!), but this sounds like the respondents were self-sorting, W$J readers.
Mock Paper Scissors 
Last time we had a big problem with inflation it was handled by Fed chair Paul Volker appointed by Jimmy Carter, and was essentially a Shock Doctrine approach to the US economy.
So you remember 21% Mortgages?
Pepperidge FarmOld Hippie who came on the job market in 1981 does…LikeLiked by 1 person
That 10% unemployment as we were launching has stayed with me my entire career. – TG
LikeLiked by 2 people
Definitely remember the gas lines of the 70s and was “launching” as young adult in the Reagan years…those interest rates kept hubby n me out of the housing market for a decade, never really quite caught up. At the time, never considered something like that would leave a mark for rest of my days, but there ya go.
LikeLiked by 1 person
We got lucky…we were finally able to get a house in ’94, at the near bottom of the market, but only by essentially cashing in my entire 401K to make the down payment needed to avoid having to pay mortgage insurance and a higher rate, to buy an old house that needed (and continues to need) a bunch of work.
And I know full well I’m luckier than the generations after me, largely due to the kinds of assholes so many of my generation turned out to be, and to vote into office.
LikeLike
Where can we find the sign??
LikeLike
Well, it is the Wall Street Journal where unfettered capitalism is all knowing and all wonderful and they say so everyday. The moral scolds of money and finance unless some cheating and lying will earn them more money.
LikeLike