Takes about ten years. Just wait...
LOL!! Economic ignoramuses are an embarrassment on FR, and you seem to be one of the biggest.
You're telling me that LBJ's war spending resulted in Carter's inflation?
Did you know that there was no deficit during the 70s?
The inflation of the 70s was due to the quadrupling of the price of a barrel of oil. Period.
There has been almost no inflation since Reagan wrung it out of the economy in the 80s, despite record deficits in almost every single year for the last 20.
Trying to conjure up some kind of boogeyman that will be left by Bush is nothing but hysteria.