Sunday, June 13, 2010
June 13, 2010 | Categories: Elections Politics, Government, Most Americans Reject Socialism, UNIONS ACORN and SEIU, War on Terror | Tags: God save America!, obama is muslim, obama is socialist, SIOA: Stop the Islamization of America, stop obama | Leave A Comment »
Posted Jun 13th 2010 at 7:40 am
Deflation is a concept many Americans have a tough time understanding. They do understand the concept of Social Security. As Federal budget deficits soaring, the public is being barraged by late night advertisements to buy gold as an inflationary hedge. Unfortunately, the deflationary environment we are facing today is the biggest threat to the Social Security check Joe the Plumber is counting on for retirement.
The definition of deflation as a decrease in the general prices of goods and services may be simple, but a Google search for articles on deflation generates 3.5 million “hits”, versus a whopping 354 million “hits” for inflation. This demonstrates that Americans are 100 to 1 more knowledgeable of inflation!
June 13, 2010 | Categories: Elections Politics, Government, Most Americans Reject Socialism, The Economy | Tags: Congress, deflation, Economics, entitlement spending, Featured Story, Gold Standard, Great Depression, inflation, News, retirement, Social Security | Leave A Comment »