>>>>I don't know that more spending is a solution. Government can certainly keep on spending, but to do that they need to continuously print money and that's a recipe' for hyper inflation.
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>>>Used to be, but the rule seems to have been revoked. Just look at your neighbo(u)rs: the Fed are churning trillions for years now, there's a whole bailout/austerity industry now, and the USD just stands.
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>>>Or maybe all of the world's money is devalued at the same rate, so we don't notice :). Just looking at the prices of elementary food and gas - they have gone up between 10% and 30% over the last 18 months, and yet the rate of dinar (RSD) vs $ and € is more or less the same. When we arrived, it was 102RSD=1€, then it went all the way up to 107, then down to 97, and then it took it months to get back to 106 (104 today). And the dollar performs similarly - it stood for a while at around 79, then fell to 76 and then very gradually picked up its way to 82 (82.4 today). Which is small, compared with the actual inflation your pocket senses when buying groceries.
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>>All the money is in China's hands. The only reason the US and Europe aren't in a depression is because China hasn't foreclosed.
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>>The US national dept now exceeds gross domestic product for 2011 thanks to the Messia's spending, and all that has done is make matters worse.
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http://www.foxnews.mobi/quickPage.html?page=38321&content=64049405>
>His spending has been too little, not too much. The federal government should be spending it's a** off right now.
Here's another country where deep gubmint spending cuts are really improving things
http://www.bbc.co.uk/news/magazine-16472310I'm sure the IMF will be very pleased. Another economic success story they can add to their list of countries they have 'helped'
