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by stupa5 August 21, 2011 11:10 AM EDT: Perry another Texan hot air wind bag that could spin windmill fans powerering Dallas for a century!Who needs crude oil...when Perry can make his own crude spew!; Reply to this comment


by liberty_capitalism August 21, 2011 11:10 AM EDT: The drug of inflation is too potent for Dr. Bernanke to give up, but it is a trump card with a skull and cross bones on the back.; Reply to this comment


by DennyDH August 21, 2011 11:10 AM EDT: Oops supposed to be "finding" not fining.; Reply to this comment


by DennyDH August 21, 2011 11:08 AM EDT: OK, Ben.... maybe it's not treasonous, but, although you don't feel the effects of the inflation it causes, the millions of us who aren't in the top 20%(or much higher, like you are) of income level, are fining the level of inflation in the last year or two very difficult. So you believe the "funny numbers" the government uses to fudge inflation figures these days? Maybe you need an economics lesson.

Google "how does the government calculate inflation". Then take $80 in your pocket, go to the nearest supermarket, and figure out just what you could buy with that $80 to feed two people for a week. If you get lucky and there are some good sales going on, maybe you can even eat some kind of meat every day. That's the amount of money a lot of people are left with after paying increasing prices of utilities gas, clothing and nearly every other commodity except for electronics.; Reply to this comment


by mja110952 August 21, 2011 11:04 AM EDT: Printing money is just another way of taxing Americans, and that means all Americans rich and poor. The left is always talking about protecting the poor, guess what, every time we have a quantitative easing it picks the pockets of everyone, all our investors, all our job creators, the poor, those buying our debt (hence China's fierce opposition to it.) Wake up America, you are being taxed without your knowledge and Ben needs a lesson in economics.; Reply to this comment


by radsenior August 21, 2011 10:50 AM EDT: I heard Ben Stein on CBS and I could never see Perry in the Oval Office. This man has taken Texas to the depths of despair and a Budget deficit! We need to understand TEA party crying about federal spending has been skewed by recession dynamics as federal spending always goes up while tax revenues decrease. Then the economy shrinks and contracts reducing GDP, which is the broadest measure of the economy. GDP is at a post WWII high but taxes have fallen to 14.4 % of GDP. Tax revenues drop sharply as people and companies make less money and therefore pay less taxes. Safety-net programs like food-stamps and unemployment benefits kick in before any stimulus programs are considered or pass by Congress. Then negative economic growth slows reducing further GDP numbers further boosting the ratio to GDP spending. Federal spending is up but only by one or two percent to 21 percent. Tax revenues have averaged just over 19 percent today. Higher percentages of GDP have occurred in the past under president Reagan in 1983 and 1984. When politicians speak, question every aspect of every word and query the slightest nuance of their verb-age for truthfulness and accuracy!; Reply to this comment


by ranco4 August 21, 2011 10:50 AM EDT: The US Dollar has lost its value over the years due to deficit spending. Printing more money only makes matters worse. Wake up you economic idiots. God help our country.; Reply to this comment


by bigwhiskey August 21, 2011 10:35 AM EDT: Ok, give it up, As most people know even us commoners, it take years for economics to take affect after a president leave office. Printing money just lessens it value like our goverment has done for years. Clinton put us in this mess by making money easy toooooooo easy for anyone to get. NOw our econony is worth nothing. Keep printing it so nothing you have worked your life for is worth nothing. Gold 1800.00 an ounce? wake up ben.
Bighwhiskey; Reply to this comment