Re: OT: Inflation in the US

On Fri, 18 Jan 2008 18:46:48 -0500, krw <krw@xxxxxxxxxxx> wrote:

In article <2f86bef8-0b36-43c8-8097-0606a3b00e08
@i29g2000prf.googlegroups.com>, sci.electronics.design,
kensmith@xxxxxxxxx says...
On Jan 17, 4:15 pm, krw <k...@xxxxxxxxxxx> wrote:
In article <b99c46b3-89ec-4940-9c6b-eac7ea4f7e35
@d21g2000prg.googlegroups.com>, sci.electronics.design,
kensm...@xxxxxxxxx says...



On Jan 16, 4:45 pm, Jim Thompson <To-Email-Use-The-Envelope-I...@My-
Web-Site.com> wrote:
On Wed, 16 Jan 2008 18:24:26 -0600, Blakely LaCroix

<no...@xxxxxxxxxxxxx> wrote:
Jim Thompson wrote:

I think all this cranky behavior from the Europeons (and the
Canadians) is sheer jealousy. If all my coin was falling into a
socialist hole I'd be cranky too.

...Jim Thompson

They ain't falling into a socialist hole. It is a Neo Conservative Hole. And they ain't you coins - they are your grandchillins.

Trying to revise history will do you no good. It took a Democrat
(Carter) to really @#%* things up.

Trying to revise history will do you no good. Nixon handed Ford an
then Carter a disaster.

Which Carted made *far* worse. It took Reagan to untie the knots.

That is an interesting claim. Carter raised the interest rates to
stop inflation. The result was a recession which lowered the standard
of living of the average american. Without the increase in rates,
inflation would have taken the standard of living down by more.
Carter was faced with two bad options and took the least bad.

Absolute nonsense. The economy was on the balls of its ass.
Remember "stagflation"? Carter gave us *BOTH*. Boy, you sure can
rewrite history!

The president who does the responsible thing is always castigated by
the politicians because each president is left with the mess of the
last administration.

You think Carter was "bad?" think about what cleaning dumb little
gorgies sorry ass will be like.

The dollar has already plummeted overseas due to rate cuts; that
finds its way back, in time, as increased costs on imported products.
The value of the dollar is manipulated to give us inflation - the
conventional wisdom has it that moderate inflation is "good."

It does manage to dilute pensions, savings and money not in stocks
commodities or real estate - that helps the govt in the form of a
hidden tax on acquired wealth and mostly effects the middle classes.
Taking money from the working serfs does indeed help the economy grow
since they can never retire or cut back on hours.

You don't want your employees suddenly realizing that their needs are
met and it would be nicer to have some time to enjoy what they have -
that would be very bad for the economy. The homeless do their part to
motivate the middle class, so we can never feed the homeless - that's
just un american and not the capitalist model.
--
.

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