
Originally Posted by
Kratos
Obama didn't create the problem. But electing an Obama was the wrong way to go. We need less reliance on debt and deficit spending to remain sustainable.
I agree we're on the verge of total collapse. To avoid it the gvmt needs to spend within their ability to collect taxes even if that means economic pain. It's too much debt too fast and a hole we'll never get out of. A falsely inflated economy based on debt, either public or private is not sustainable.
Inflation doesn't increase the value of the dollar, not sure where you're going there.