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Is It Time To Take The Next Step?
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<blockquote data-quote="vantexan" data-source="post: 1007325" data-attributes="member: 24302"><p>You prove my point. Too partisan. Welfare reform in '96 required recipients to have a job. Workfare. Obama is circumventing the law because he and others don't like recipients having to work, not to mention he's pulling all the stops to get voter support for the election. We can't afford a huge group of stay at home recipients, or much of anything else. On inflation. If you have a fixed benefit pension, no cost of living adjustment, high inflation is a disaster. Quantative easing is printing money to pay the bills. Too much money in circulation lowers it's value. It's inflated. Nothing micro about it. He's run up the debt and his answer is inflate the money to pay for it. How long will foreign banks buy our debt if they lose money on the deal?</p></blockquote><p></p>
[QUOTE="vantexan, post: 1007325, member: 24302"] You prove my point. Too partisan. Welfare reform in '96 required recipients to have a job. Workfare. Obama is circumventing the law because he and others don't like recipients having to work, not to mention he's pulling all the stops to get voter support for the election. We can't afford a huge group of stay at home recipients, or much of anything else. On inflation. If you have a fixed benefit pension, no cost of living adjustment, high inflation is a disaster. Quantative easing is printing money to pay the bills. Too much money in circulation lowers it's value. It's inflated. Nothing micro about it. He's run up the debt and his answer is inflate the money to pay for it. How long will foreign banks buy our debt if they lose money on the deal? [/QUOTE]
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