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Our President is the person we hire to ride our horse to victory.............
http://thefiresidepost.com/2008/03/28/government-regulation-nascar-horses-economies/
The Vietnam War spending without a tax hike created massive public debt that devalued the dollar and drove oil and food prices sky high. The resulting inflation dragged the economy down, bringing up unemployment and creating the first Stagflation recession, which lasted for the entire decade of the 1970s.
Is there any reason to doubt that the same thing isn't happening in the US today?
nice work.
very well done.
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| March 27, 2008 03:05 PM