My goodness a pol gooses up the economy to get re elected and that leads to run away inflation
And / or a steep contraction post election !
What kind of system can get regularly into a phase where policy could actually deliver better performance but only if the system convulses afterwards ?
Like a race horse fed a speed ball
Surely other institutional arrangements should be explored
If the present system needs substantial and yes palpable obvious slack ....
Enough Idle productive capacity and idle labor to be noticeable when removed to get votes .....
Yup sub maximal social production
Just to keep from over heating itself
Not technically or humanly
But simply
Price change wise !!!
