You got it Flee. Another person who has gotten royal screwed due to the perception of economic lag was Ronald Reagan. Okay, yes Democrats i will give you a litte and say that good ole Ronnie DID overspend a tad, BUT you need to remember that he inhereted an economy that just saw one of hte largest oil embargos ever as well as having a Fed that carelessley let the Fed Funds rate get to 18.50%!!!!!! (in comparisson, the Fed Funds rate is currently at 1.0%). In other words my parents first house was financed with an interest rate of 20.05%.
In order to combat a recessive/deflationary economy, when the Americans are losing jobs and production goods output to Japan at an astonishing level, and the US Dollar is at an all time low, the ONLY thing to combat potential large wave of inflation is to jack up governemtn spending signifcantly.
