Inflation was the most important factor in Trump's election victory; when inflation rises it affects everybody, and historically Presidents have been toppled by inflation—Jimmy Carter and Lyndon Johnson are examples.
causalpending
Speaker
Tom FriedmanEvidence Quote
“I think the most important thing was inflation um uh Larry Summers made a good point the other day and he he that when when unemployment goes from you know uh down or up 1% that affects a certain number of people when inflation's up it affects everybody”
Source
Thomas Friedman on the Future of America and the World: The Post-Election Dissection (Part 1)— Intelligence SquaredCreated: 8/11/2026, 7:09:18 AM
My Notes
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