On the recordJune 6, 2023
In the 1970s, following 2 back to back Republican administrations, Ronald Reagan and his successor, inflation hit 12.6 percent.
Source
congress.govIn the 1970s, following 2 back to back Republican administrations, Ronald Reagan and his successor, inflation hit 12.6 percent.
Mfume compares current inflation to historical rates under Republican presidents.
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