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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (144944)	8/11/2014 11:16:45 AM
From: John Vosilla	Read Replies (1) \| Respond to of 149317

Costs of many things people need have tripled on average in 15 years. Start with transportation, housing in big cities, education, healthcare, insurance,milk ect.. All these distortions started with Greenspan trying to jump start the economy and our stupid actions post 9/11. What would you do with a do nothing congress that can't get fiscal policy enacted to empower and grow incomes ahead of inflation for small business as well as the vast middle and working class. Zero percent rates and Dodd Frank have done little to help.. I just wonder how much lower if any job creation would be if the yield curve was normalized at perhaps 200-300 basis points higher than today? The continued impact of technology and globalization seems to fly under the radar in Congress. Just inflate another asset bubble via financial engineering in the top 10% and all will be fine as long as it trickles down<ng>