Big government spending is not working the way Obama promised. Oops. Who would have thunk. Fed printing money is going to choke off the recovery. High rates and high inflation on its way. Remember the 70s?
Big government spending is not working the way Obama promised. Oops. Who would have thunk. Fed printing money is going to choke off the recovery. High rates and high inflation on its way. Remember the 70s?
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In every recession, when the government just cut back all spending, the economy just miraculously recovered. For example, 1920, 1970’s, and 1980’s. When the government tried to life-support bad economic ventures, the health of economics suffers. For example, 1929 (which led to the Great Depression), late 1980’s in Japan. There seem to be no exceptions so far.