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Yes, past administrations have tried the same policies and inflation has been the inevitable result. These are not new policies that have never been tried They are policies that have been implemented in other countries and also here during the Carter administration. Inflation went wild and unemployment jumped as well.
When Obama said that we are in the worst recession since the great depression he was wrong. We are in the worst recession since the Carter years.
This was brought on by too much spending and high taxes. There is no one party in the congressional or executive branches of government that is exempt from being responsible for the mess we are now in.
When Obama said that we are in the worst recession since the great depression he was wrong. We are in the worst recession since the Carter years.
This was brought on by too much spending and high taxes. There is no one party in the congressional or executive branches of government that is exempt from being responsible for the mess we are now in.
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$
Please add some references