Generally speaking, people thought that government spending led to massive inflation, and the republicans have stronger rhetoric around cutting government spending.
All they have is rhetoric, because their record with respect to actually doing it is not strong. Government deficits increased under every Republican administration in recent memory. They talk the talk, but never walk the walk.
Inflation and the deficit don't have a 1:1 relationship. For the same dollar of debt, you'll see more inflation from social service spending than you will from tax cuts.
Never forget: the FED did this more than any republican or democrat and their new stated position is to ensure not the enablement of the population but keeping the labor pool 'in their place.'
This, beyond everything else, changed america the most in recent history.
The point I was making was labor has something to lose in any interest rate environment.