The Eastern New Mexico News - Serving Clovis, Portales and the Surrounding Communities

By Heritage Foundation
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Opinion: 'Build Back Better' will disrupt economy, cause more inflation


Last updated 1/11/2022 at 4:24pm

During the late 1970s, American families experienced stagflation — a combination of economic stagnation and significantly higher inflation. By the summer of 1980, unemployment hit 7.8 percent and the economy was actually shrinking.

On the year,...

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