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<blockquote data-quote="bacha29" data-source="post: 3283788" data-attributes="member: 58386"><p>What drove inflation in the 1970&#039;s? Two Arab oil embargo&#039;s , one at each end of the decade and an American nation that drove gas guzzling cars. When Carter brought Paul Volcker into run the Fed he told him that in order to beat back inflation it would require massive increases in interest rates which would cost him a second term. Carter gave his consent. We all know what happened. When the economy crashed in 2008 the Fed did exactly the opposite and today are keeping rates low in an effort to get inflation back up to the 2% goal. When Carter left in 1980 the total federal deficit was 900 billion. When Bush I left in 1992 it was 4 trillion but that was a Republican deficit and just like today it doesn&#039;t matter. Furthermore in my state if the Department of Ageing in conjunction with the medical community says that you go to a nursing home you go to a nursing home. If the home health nurse comes in and sees that you aren&#039;t getting the care you need you go to a nursing home.So where are you going to live when not if you can&#039;t take care of yourself and your family can&#039;t or doesn&#039;t want you coming to live with them? Romania? Better take a look at what the World Bank and the OECD has to say about healthcare in Romania. Armenia? It&nbsp; ranks 63rd in the world&nbsp; that&#039;s if you can bribe a doctor to care for you.</p></blockquote><p></p>

[QUOTE="bacha29, post: 3283788, member: 58386"] What drove inflation in the 1970's? Two Arab oil embargo's , one at each end of the decade and an American nation that drove gas guzzling cars. When Carter brought Paul Volcker into run the Fed he told him that in order to beat back inflation it would require massive increases in interest rates which would cost him a second term. Carter gave his consent. We all know what happened. When the economy crashed in 2008 the Fed did exactly the opposite and today are keeping rates low in an effort to get inflation back up to the 2% goal. When Carter left in 1980 the total federal deficit was 900 billion. When Bush I left in 1992 it was 4 trillion but that was a Republican deficit and just like today it doesn't matter. Furthermore in my state if the Department of Ageing in conjunction with the medical community says that you go to a nursing home you go to a nursing home. If the home health nurse comes in and sees that you aren't getting the care you need you go to a nursing home.So where are you going to live when not if you can't take care of yourself and your family can't or doesn't want you coming to live with them? Romania? Better take a look at what the World Bank and the OECD has to say about healthcare in Romania. Armenia? It ranks 63rd in the world that's if you can bribe a doctor to care for you. [/QUOTE]

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