flooded the economy with fiat money = inflation

A strong dollar represents a strong economy and a strong country. I think they have flooded the economy with fiat money in a way that’s going to have a return of inflation in a manner and to a degree that I think is going to be very troubling.” “The reason why oil prices went down so much [after 2008] is also because demand went down in a sluggish economy,” says the Heritage spokesman. “But if we’re looking at a recovering economy, and we’re looking at $5 a gallon gas, you’re going to see a double-dip recession.” Cooper says that is a concern not only for business owners, but “the poorest among us” — stating that “the people who pay $4 at the pump, if you’re rich, that extra dollar is not killing you. [But] if you are balancing your budget by the penny, it’s going to hurt a lot.” He admits President George W. Bush was not perfect when it came to energy policy, noting that the 43rd president did not lift the ban on drilling in the outer continental shelf until gas prices hit record highs in 2008. rising fuel costs bigStill, Cooper says President Bush understood that people had to live today, not just tomorrow. “There is readily available energy out there — let’s go get it and let’s keep the economy humming,” he urges. Meanwhile, two senators have introduced a bi-partisan bill to eliminate a tax credit for blenders of ethanol. The bill from Senators Tom Coburn [R-Oklahoma] and Ben Cardin [D-Marylend] would save taxpayers $6 billion by repealing the Volumetric Ethanol Excise Tax Credit (VEETC), which provides 45 cents/gallon to blenders of ethanol. In a statement released by his office, Senator Coburn said: ‘”The ethanol tax credit is bad economic policy, bad energy policy and bad environmental policy.” Coburn recommends the $6 billion stay in taxpayers’ pockets, where it can be used to spur innovation, stimulate growth, and create jobs. American should impeach that communist regime in the white house and have Joe Biden in charge (a change for the better)! We should shut down the government at least once. The Republicans are just scared. Republicans got nothing to loose when we shut it down when marxists are running government.