President Barack Obama Message Board

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Politics : President Barack Obama

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To: RetiredNow who wrote (113136)	5/4/2012 1:33:20 PM
From: Road Walker	Read Replies (2) of 149317

It's because endless stimulus and money printing and the destruction of the market's pricing mechanism by an activist Central Economic Planning Committee is not what creates wealth and jobs. Nobody is calling for "endless" anything. The Fed is and always has been a two edged sword. When they tighten people will squeal like a stuck pig; you watch. And yes it does create wealth and jobs, and when they go the other way it destroys wealth and jobs. It's worked really well since the Great Depression. Look at the history prior. We'd be in a great depression now if not for "Central Economic Planning". Rolling back the clock to when most people were really dirt poor is lunacy.

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