In 20 20 in the aftermath of the pandemic, an employment shot up to 14%. That was higher than thee eighties. It was the biggest unemployment we had seen since the great depression. And gepol just like fixed itm now it's below four %. He really dramatically pushed trillions of dollars into the markets. In byden trump spent trillions of dollars in the cars act and stimulus after he took office. They really lived up to the unemployment side of their mandate,. i think a lot of people are better off now because of it.
Last year, Vox correspondent Dylan Matthews didn’t think inflation would be a big deal. He wasn’t the only one to miss the mark.
This episode was produced by Will Reid, edited by Matt Collette, engineered by Paul Mounsey, fact-checked by Laura Bullard, and hosted by Noel King.
Transcript at vox.com/todayexplained
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