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President Obama!
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<blockquote data-quote="UPS Lifer" data-source="post: 1077850" data-attributes="member: 9789"><p><strong>Re: Obamanomics</strong></p><p></p><p>Most folks don't want to understand economics or the effects. Talk to them about econ and their eyes glaze over. "BORING" ... We can continue to talk until we are blue in the face on the different theories of what is going to happen. </p><p></p><p>Bottom line- Two things are going to happen when the spending shift hits the brink of no return. Our credit rating will drop and continue to drop over time and we will have no choice but to print oodles of money to pay the interest on our "risky" credit. Rampant inflation will follow. </p><p></p><p>This is when people will take notice!</p></blockquote><p></p>
[QUOTE="UPS Lifer, post: 1077850, member: 9789"] [b]Re: Obamanomics[/b] Most folks don't want to understand economics or the effects. Talk to them about econ and their eyes glaze over. "BORING" ... We can continue to talk until we are blue in the face on the different theories of what is going to happen. Bottom line- Two things are going to happen when the spending shift hits the brink of no return. Our credit rating will drop and continue to drop over time and we will have no choice but to print oodles of money to pay the interest on our "risky" credit. Rampant inflation will follow. This is when people will take notice! [/QUOTE]
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