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Politics : President Barack Obama

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To: RetiredNow who wrote (103340)10/24/2011 2:03:40 PM
From: Road Walker  Read Replies (1) of 149317
 
For example, since Nixon, the value of the dollar has declined by 98%.

Against what? Indexed for inflation?

They need to balance their budget and stop stealing through currency debasement and other means.

They're not stealing. In order to steal the government would have to be getting richer, and that certainly isn't happening. Everything that goes in, and more, goes out.

Listen I was a deficit hawk before it was cool to be a deficit hawk. But it's a weakness of political will, on both the revenue and spending side that is causing the problem. Not the Fed or the various conspiracy stuff.
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