Kasz216 said:
SamuelRSmith said:
So, along with rapidly priniting money, Obama wants to increase exports as a ridiculously rapid rate? Methinks that the big issue at the next election will be dealing with excess inflation.
Not to mention that the best way to keep exports up (without ridiculous levels of subsidisation - which won't help him balance the Government budget) is to the deflate the currency - which would probably mean keeping interest rates ridiculously low, yet more inflation. That, and the idea of the Government essentially taking out policies to control their rate of exchange would be rather hypocritical - given the pressure on China to free up their currency. |
Not to mention he's vowed a "budget freeze" in 2011. So... I don't think they can use subsidies. Maybe tariffs... but I mean... that'd be stupid.
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But he also announced spending on building trains which isn't going to start anytime soon.
So I think this "budget freeze" is probably BS.
