Quote:
Originally Posted by epitome
You mean the Fed, which is independent, not the "current Administration." If you want to be mad about something at least be smart enough to point in the right direction. Also, the printing has to continue due to all of those spending bills Congress (which very much includes the GOP) passed. Please explain why the GOP doesn't come down on its own spending instead of pointing fingers at everyone else? They control a very important part of government.
|
The current administration includes the GOP as well
The Federal Reserve buys $40 billion a month in residential mortgage-backed securities and $45 billion in Treasuries in order to keep, and push, interest rates down in order to monetarily support the economy.
It's printing the money because of high unemployment and a slow economy using Quantitative easing and record low interest rates.
I find it funny that right now more money is being collected in taxes than ever before, yet Obama still calls on higher taxes for the rich.
Food stamps usage is 400% higher now than when Barry took office because the FDA is going to Mexico teaching Mexican Nationals how to better use our food stamp program.
I agree, it's not just the Democrats , it's all of them that are screwing things up, then voting themselves a raise.
__________________
Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that