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<blockquote data-quote="vantexan" data-source="post: 5413242" data-attributes="member: 24302"><p>What matters is how they vote.&nbsp; And Trump wasn&#039;t always right on everything.&nbsp; 100 Republicans in the House voted against his military spending which at the time was an incredible amount.&nbsp; We need fiscal sanity and we aren&#039;t getting it from either side.&nbsp; Spending is as natural as breathing for Democrats and many Republicans are scared they&#039;ll lose elections if they cut spending.&nbsp; It&#039;s ending up with them inflating the national debt to make it much easier to pay for.&nbsp; Can say the Dems and the Fed screwed up badly pumping so much money into the system in the last two years but they know what they&#039;re doing.&nbsp; For those who don&#039;t know what I&#039;m talking about imagine back in the 60&#039;s getting a mortgage on a house for $15k-$20k.&nbsp; In much of the country back then that was a pretty decent house.&nbsp; Then we had high inflation in the late 70&#039;s-early 80&#039;s.&nbsp; Pay was greatly increased to compensate for inflation.&nbsp; Suddenly that 30 year mortgage for $20k was a lot easier to pay.&nbsp; And housing values got inflated too.&nbsp; Not only were a lot of homeowners able to pay off their mortgages early like my parents did but they had a lot more equity too.&nbsp; It&#039;s essentially the same principle with inflation and the national debt.&nbsp; Inflate away the value of that debt and it becomes much easier to service.&nbsp; Everyone who thinks the Fed doesn&#039;t know what they&#039;re doing are only looking at the surface.&nbsp; The problem is the pain they cause average citizens along the way.&nbsp; Congress put us in this position, the Fed is getting us out of this position.&nbsp; For those on fixed incomes with no cost of living adjustment it&#039;s especially painful.</p></blockquote><p></p>

[QUOTE="vantexan, post: 5413242, member: 24302"] What matters is how they vote. And Trump wasn't always right on everything. 100 Republicans in the House voted against his military spending which at the time was an incredible amount. We need fiscal sanity and we aren't getting it from either side. Spending is as natural as breathing for Democrats and many Republicans are scared they'll lose elections if they cut spending. It's ending up with them inflating the national debt to make it much easier to pay for. Can say the Dems and the Fed screwed up badly pumping so much money into the system in the last two years but they know what they're doing. For those who don't know what I'm talking about imagine back in the 60's getting a mortgage on a house for $15k-$20k. In much of the country back then that was a pretty decent house. Then we had high inflation in the late 70's-early 80's. Pay was greatly increased to compensate for inflation. Suddenly that 30 year mortgage for $20k was a lot easier to pay. And housing values got inflated too. Not only were a lot of homeowners able to pay off their mortgages early like my parents did but they had a lot more equity too. It's essentially the same principle with inflation and the national debt. Inflate away the value of that debt and it becomes much easier to service. Everyone who thinks the Fed doesn't know what they're doing are only looking at the surface. The problem is the pain they cause average citizens along the way. Congress put us in this position, the Fed is getting us out of this position. For those on fixed incomes with no cost of living adjustment it's especially painful. [/QUOTE]

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