One of the first things alcohol does is remove our inhibitions and good judgment. Thus, we are likely to say and do things when drinking that we would not do if we were in our right minds. However, the impulsive things we say are just as likely to be spur of the moment, or based on drunken mis-perceptions, as something that we have been repressing. So we guess the answer is not necessarily.
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Alcohol affects inhibitions and can make people more willing to express their true feelings without overthinking or filtering them. In this state, the filters and defenses that typically prevent someone from speaking openly about their emotions may be lowered, allowing their true feelings to come to the surface.