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To: Capt. Tom
I look at as other countries finding out you are just printing more money to spend without corresponding budget cuts, so they want more money for their goods because you devalued your currency. - tom

Good Job, looks like you paid attention in Economics class in high school However, it is unfortunate and far too many Americans elected not to pay attention in their high school economics class and have no understanding whatsoever of the subject and how it impacts their daily life.

So yes, that money in your pocket in worth 30% less than it was a couple years ago due to out of control federal spending and the devaluation of our currency. We are living in a time that is no different than the Jimmy Carter inflation of the 1070's.

5 posted on 03/16/2008 6:44:22 PM PDT by trumandogz ("He is erratic. He is hotheaded. He loses his temper and it worries me." Sen Cochran on McCain)
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To: trumandogz

“However, it is unfortunate and far too many Americans elected not to pay attention in their high school economics class and have no understanding whatsoever of the subject and how it impacts their daily life.

So yes, that money in your pocket in worth 30% less than it was a couple years ago due to out of control federal spending and the devaluation of our currency.”

I’d disagree. Most Americans understand economics but love their free govt goodies more. Take the free pills for granny act. Or the attempt at reforming SS. Even on FR there were howls against it.


6 posted on 03/16/2008 6:47:46 PM PDT by KantianBurke (President Bush, why did you abandon Specialist Ahmed Qusai al-Taei?)
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To: trumandogz
We are living in a time that is no different than the Jimmy Carter inflation of the 1970's.
9 posted on 03/16/2008 6:49:54 PM PDT by trumandogz ("He is erratic. He is hotheaded. He loses his temper and it worries me." Sen Cochran on McCain)
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To: trumandogz
Jimmy Carter inflation of the 1070's.

Wow, I knew that dude was old!!!!

24 posted on 03/16/2008 7:28:13 PM PDT by TheBattman (LORD God, please give us a Christian Patriot with a backbone for President in 08, Amen.)
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