US: Rising government debt raises prospects of eventual inflation

USA Today

06/28/09

Inflation is as dead as the Wicked Witch of the West in a waterfall. The consumer price index has actually fallen 1.3% in the past 12 months. So why is everyone so worried about soaring prices? In a word: debt. The government owes the world $11.4 trillion — $37,000 for every person in the U.S. In the next fiscal year, the government will add $1.8 trillion to the deficit...

http://tinyurl.com/mnnmn5



Death by Obamanomics?

The Weekly Standard
by Irwin M. Stelzer

06/26/09

Death by a thousand cuts. Or in the case of the efficiency of the U.S. economy, by at least four: energy policy, health care policy, trade union resurgence, and fiscal madness...

http://tinyurl.com/muu4bl


Informant: Thomas L. Knapp



http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=government+debt
http://freepage.twoday.net/search?q=healthcare
http://freepage.twoday.net/search?q=Irwin+M.+Stelzer

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