Subject: Re: a few macro steps back
the situation is actually worse than this graph, since the general voting public does not have a good grasp of the term 'inflation'.
a solid (but rare) response is continuous increase in the rate of consumer and durable prices.
but clearly the voting public were fooled\lied into reinforcing their incorrect concept. and this was that the gop were going to reduce the ABSOLUTE prices of eggs, cars, houses,...immediately.
so for that, recession is option 1 and only.