Over 75% of Obama’s tax increases are targeted for new spending so raising taxes doesn’t contribute anything to solving the deficit. Of course, you never hear that in the media.
Nope!...but us peasants have to deal with our deficits daily, weekly and monthly.....Lets see how the Fed handles it when its their turn....
Instant inflation...if we could do that on our own debt...we'd owe 10 cents on the dollar of our house payments...and the banks/owner of that debt would be happy to get it!!!