Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts

Thursday, February 28, 2013

If We Raise Taxes With Cuts In Spending, Then Our Money Will Go Further

President Obama’s idea of raising minimum wage has to be the dumbest of his career. Money isn’t all that straight forward. We need sense with money, and that does not come by merely putting more money in peoples’ hands. It is just not that easy. That is how the game Monopoly or the board game Life works, and they are totally not realistic compared to reality where inflation is a huge issue. Our money can only be worth more if we spend it wisely. I am positively fed up with the same old same old, spins your wheels in the mud government. The truth is both sides need to put cuts and raising taxes on the table and stop finger pointing at the side that won't do the other. With talk of hope, obviously there is very little hope with President Obama in office. He has not proven powerful enough to motivate folks, or get them together and talk reasonably. Therefore, looking forward to the next term, already, I hope Hillary Clinton or Deval Patrick runs for President. I like Deval because I think we belong to the best state in the union, MA, and Deval has had to accomplish that without running any debt or deficits, as state government forbids that we go into the negative.

Tuesday, February 26, 2013

The Horrible Stock Market Bubble Yet to Pop and The President

How much longer do we figure President Obama is going to be able to inflate the market to prosperity? And, why do I blame President Obama for the problems? Truth be told he is not the only factor. However, whenever he proposes cuts they just simply not enough to have a down to earth perspective on the budget. When Obama talks cuts, they just simply aren't enough money. He keeps using words to describe the type of knife used when talking about cuts, but we also have to be realistic. I agree not all the proposed cuts by Republicans are ideal. However, Washington needs more give and take. That means for the President to give into the Republicans demands, if only to ensure that we don't end up making zero progress on the debt and deficit, which has been the case. So far it appears Wall Street is eager to play into this bubble, the political bubble of minimal cuts, and unrealistic spending, but can we sustain this inflated bubble indefinately, and do we even want to do such a thing?

Wednesday, February 13, 2013

Raising the Minimum Wage to $9 an Hour Is a Potential Economic Disaster

http://www.marketplace.org/topics/wealth-poverty/would-obamas-9-minimum-wage-help-or-hurt-workers#.URwVzRVm4a0.facebook


This is a potential economic disaster if we keep raising minimum wage. It is not about how much money we have, but how far we are able to make it go. If people don't work hard to make $9 an hour stretch further, the only thing we have done is make for more difficult mathematics for less fortunate folks that are already challenged at the math that their current pay gives them.  This is mostly because our currency is not based on anything, such as silver or gold.  We can print money all day long, but if we did, it wouldn't be worth anything.  $7.25 is plenty for a minimum wage and it definitely should not be any higher because folks with small brains would just inflate the dollar with sloppy spending, such that the essentials become more expensive.

The road to prosperity is not via inflation. This subject already came up in American history, and the route to prosperity proved not to the inflation route. The only way to prosperity is to bargain in order to drive down prices. The American people need to bind together and agree not to pay high prices rather than buying expensive things that are overpriced, and then play the victim.

Saturday, October 6, 2012

Elections 2012: I Can’t Believe That There Is A Question as to Whether or Not We Need New Leadership


It’s practically unbelievable that there is even a contest for the 2012 election.  America is in the mud, and everyone seems to be worried that Mitt Romney will take away all the precious program funding and leave us to hang out to dry.  I do agree that Mitt Romney wants cuts.  And, I can only pray that they will be sensible cuts that will eventually balance the federal deficit.  However, what we have in office as I am writing this blog is a President that has proven himself to be completely ineffective at making any headway in reducing the federal deficit.  That amounts to this, America is either going to have to take its cuts, which I liken to taking needed medication, or else we will go on inflating the dollar as a sick nation on a crash course with oblivion.
 
Ladies and gentlemen, I implore you, look at the evidence.  President Obama has not been able to make even a dent in the deficit in 4 years, and many people want to reelect him.  The evidence is that if he since he has not made any headway, that if we give him another 4 years, it is only reasonable that we can expect the deficit to remain unchanged, while trillions of dollars are once again heaped onto the federal debt.
 
America needs change, and the only way we are going to get it is if in the next four years we balance the federal deficit.  Otherwise, we can only expect the devaluation of the dollar.  Yes, there are consequences to running big deficits and the primary one is inflation of the dollar.  If you don’t know what that means, it means things get more expensive though you do not have necessary money to pay for them.  That is, with inflation, your money won’t stretch as far, and while you might have programs, the inertia of these programs to adapt to fiscal change is also very likely to leave those whom are unfortunate without anyway.  They can’t be saved.  Unless Obama does a 180 and suddenly starts putting forth potential ideas that are bipartisan to balance the budget America’s future will remain bleak.  So, let’s put a stop to the Obama bin Laden’s insane fiscal policies.
 
First, and foremost, if we give someone who has already failed at this another chance, as in another chance to be able to work in a bipartisan House and Senate in order to accomplish something for good we as Americans are headed more and more into the direction of becoming indentured servants, for future generations.
 
When I elected President Obama, I had two things in mind.  I wanted national healthcare, and I wanted a balanced federal budget.  I believed then, and I still believe now that those two things are capable of being accomplished.  Medication and medicine pays for itself, and I believed that the Democrats could make headway in balancing the debt because I believed in President Barrack Obama’s ability to fall in the steps former President Bill Clinton during his term in office.  However, I was wrong.  Barrack Obama wasn’t the answer, and I still think John McCain was not the correct answer either.  Hopefully, though it may take some financial responsibility, the voters will elect someone new, and not someone who has done nothing on the most important issue we face in the last 4 years.