The U.S Senator makes a great argument about the 80s being much better than the 2000s. First the 2000s inflation rate started at a reasonable rate, but then it plunged all the way down to -1.2%. The deflation cause people to lose their jobs during this time making the unemployment rate
9.5%and it continue all the way after 2013. In the 1980s the year started out bad with a -2% gdp and inflation rate being at 9.7% making the unemployment rate at 14%, which is higher than 2000s. As the decade passed through the gdp rose to 8% and the inflation rate went up to 2% making the unemployment rate at 5.6%. So the 1980s is much better than the 2000s because the 1980s started to recover in their down fall but for the 2000s they slowly started to fall
9.5%and it continue all the way after 2013. In the 1980s the year started out bad with a -2% gdp and inflation rate being at 9.7% making the unemployment rate at 14%, which is higher than 2000s. As the decade passed through the gdp rose to 8% and the inflation rate went up to 2% making the unemployment rate at 5.6%. So the 1980s is much better than the 2000s because the 1980s started to recover in their down fall but for the 2000s they slowly started to fall