By using this site, you agree to our Privacy Policy and our Terms of Use. Close
Kasz216 on 29 January 2010
Edit Thread
NJ5 said:
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.

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.

 

I'd like to HOPE, he plans to cut waste to go along with that.

He'd previously identified TONS of redudant programs in government he wanted to get rid of.

The budget freeze threat i'm hoping is him getting his act together to "force" congress to get rid of some of these programs.

So far the only serious effort was made by a Republican to get rid of some of these plans to pay for an increase in GI benefits... and he was painted by Democrats and the Media as "Against the Troops" because he actually wanted to pay for the bill rather then blindly blank stamp it.

It's funny how the "against the troops" label turned so fast.  Both parties really are more alike then different.