That’s true. Two questions:
Didn’t Argentina go through something similar? And won’t it affect the dollar?
Obama hasn't called for tax increases, yet. Just wait.
If inflation rears its ugly head like it did in the 1970`s through the early 1980’s, it will decimate the US economy for years. Obama’s plan is taking an economic downturn and serious credit crunch, and turning it into a full fledged economic nightmare.