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Nate Cohn

@Nate_Cohn ↗

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Last Checked Dec. 29, 2021

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Mon Nov 29 14:25:45 +0000 2021

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Nate Cohn @Nate_Cohn

Inflation is also a real issue, even if it's transitory. A household with 40k annual expenditures loses 2k in real dollars due to 5% inflation. There goes the stimulus check that you think should drive Biden's approval ratings up — PolitiTweet.org

Posted Nov. 29, 2021

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Nate Cohn @Nate_Cohn

"Business can't hire" is a real and very visible economic problem. So is the supply chain issue. I see no reason why it couldn't/shouldn't affect economic perceptions. But it's not one that's worked into the usual statistics; it's not an issue we know how to think about — PolitiTweet.org

Posted Nov. 29, 2021

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Nate Cohn @Nate_Cohn

And while some people get raises that keep up with inflation or change jobs, many people do not. Inflation almost invariably creates losers v. low inflation, even if real per capita income keeps up — PolitiTweet.org

Posted Nov. 29, 2021