Economics 101:Obama prints new money, Obama devalues money, your salary goes up

  • Thread starter Thread starter tubby
  • Start date Start date
T

tubby

Guest
I got a $1000/year raise in December. Gas prices are down, energy prices have leveled off. I'm loving life.
 
Life 101: The American President should do any and everything he can to give its citizens a chance for life, liberty and the pursuit of happiness.


next...
 
Right now our immediate problem is a struggling economy due to a huge drop in consumer and corporate spending. If that isn't improved...we won't have an economy to fret over.

Of course we could follow Hoover's example and set off another global depression that lasts for a decade.
 
One problem..

Obama prints money. Obama devalues money. Businesses don't give raises, because businesses are struggling..

That's the more likely scenerio.
 
We will see how much these people are "lovin life" when the tax raises come due to pay for the 10 trillion additional dollars of debt Obama's policies are going to add to the deficit.
This tax cut to 95% of the people is voodoo economics when over 45% of "the people" the astronomical $33 per month is going to do not pay taxes anyway.
There is no possible way that Obama can pay for all of this without taxing everyone. It is not mathematically possible. Lib-tards are in denial while they wait for their savior to produce a miraculous solution to the problem. Well, you little g god is going to produce nothing but more empty, unfulfilled promises and lies. LOL
 
Right now our immediate problem is a struggling economy due to a huge drop in consumer and corporate spending. If that isn't improved...we won't have an economy to fret over.

Of course we could follow Hoover's example and set off another global depression that lasts for a decade.
 
due to inflation, have you? improved in your quality of life since your salary will not keep up with inflation and you will be taxed more on your salary and food/supplies cost vastly more?
The value of the dollar will plummet, it has to.

You will never be as prosperous as your parents or grandparents.
Tubby: It's an economics FACT, you may not quite feel the bite immediately because the economy is vast, but it's inevitable.
It's like when you donate blood, it doesn't hurt as it runs out of our veins, until you reach a critical point.
 
Bush printed money for unnecessary reasons, Obama is printing money to help restart the failing U.S. economy...the big difference is Obama's looking to spend money on a longtime investment that will help lower the deficit while Bush was only focused on increasing it
 
Back
Top