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Politics : President Barack Obama

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To: loantech who wrote (111447)3/21/2012 7:13:31 AM
From: RetiredNow  Read Replies (2) of 149317
 
You don't. The American Dream is being relentlessly destroyed. Everyone thinks that "a little inflation is ok". No it's not. I see it in the price of chicken, milk, and college bills for my kids. Inflation is a prosperity killer.

This is what most people don't realize. They think we can deficit spend and borrow forever with no consequences. Well, Bernanke has decided to "inflate the debt away". That means inflation of the prices of everything, including the things that make us prosperous like educating our children. There is a price to pay for EVERYTHING in life.

Don't let the Dems con you into believing that Obama and Bernanke fixed anything. They have made it worse through continued massive deficit spending, lack of prosecution of the criminal bankers, and through monetary easing and money printing. None of the root causes have been addressed and the people who created the mess have not been held accountable, but rather have been rewarded.
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