Point taken but I don't think Mammoth and Tahoe fall into this category. Mammoth has always felt pretty organic to me. And South Lake Tahoe feels anything but posh.this posh skiing destination
And South Lake Tahoe feels anything but posh.
Multiple reasons, but I agree that was #1.I really, really blame Biden for not passing the torch earlier.
+1 I try to bring historical perspective. History of US inflation here. Political views are rampant with recency bias. The 1970's inflation was a different animal, persisted for many years and became embedded in people's expectations. It took draconian interest rates in the upper teens and a recession with double digit unemployment to kill it. Other inflation spikes at the end of both World Wars were short lived, and it always seemed reasonable to me that the COVID/supply chain inflation this time would be similar. As with a lot of economic events, this was not the fault of a president, either Trump or Biden.Me - you remember Carter? Inflation slays incumbents.