President Barack Obama Message Board

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Politics : President Barack Obama

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To: Neil H who wrote (125274)	10/27/2012 5:40:12 PM
From: RetiredNow	Read Replies (1) of 149317

BINGO, Neil. This thread seems to be utterly clueless as to what is going on. I don't know what our universities are teaching people nowadays, but economics of the real world is not it. Someone has loaded our textbooks with fantasy land economics, where all that is required to solve any economic problem is money printing. And the Democrats, and a darned large percentage of the Republicans, have bought that hook, line, and sinker. It's time that people start getting taught Austrian economics, where all of this was predicted as a natural cause and effect of economic and monetary processes.

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