Thursday, February 28, 2008

Can You Say Stagflation

Inflation is climbing, we have almost stagnant job growth, the value of the dollar is crashing, and consumers are feeling it.

We may be seeing something straight out of the 70s.

For the American public, this is just another gift of the Bush Administration and Republican economic and political philosophy. We get a grossly expensive and totally unwinnable war in Iraq, an exponential growth in national debt, increased concentration of wealth among the richest of the rich and now Stagflation.

If they were trying, I don't see how the Republicans could have done any more damage to my nation.


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