If a democrat were president now instead of a Republican would Republicans be complaining about inflation?

Posted on March 23rd, 2011 by admin1 in republican marketing firm

rather than lauding the merits of the "declining value" of the dollar?
Republicans say the declining value of the dollar allows us to sell more products abroad. What they fail to point out is that the products they are selling are made in China.
China has tied its currency into the value of the USD. As the USD declines in value, so does their currency. They have done so to protect the jobs that were shipped there by US firms. After all, a declining dollar on the international currency market would make US labor cheaper than foreign labor.
China is using the global distribution network of US companies to sell their products worldwide. US comapnies are using China for cheap labor.
The American worker gets to short end.
So, a cheaper dollar does allow US companies to sell more goods abroad, goods that they are manufacturing in China.
As companies get to increase profits, you get to spend more money on food, energy, and most other staples.
Got to love Republican spin.
lol
Crude oil hitting $90 a barrel, foreclosures at an all time high, the USD at its lowest value ever on the currency market is all fabricated bad news.
OMG!

Well Bob, the inflation rate is calculated on the CPI "Consumer Price Index". The inflation rate is still low. The inflation that is currently present is mostly base on energy and nothing else. Had a democrat been in office they would have kept our taxes high and in a "lock box". The result would have been a longer recession felt in 2001, there would be low or no growth, and due to the previous, inflation would have taken hold. If you remember Carters administration and the evil "stagflation"! Same problem!

As a conservative I don’t believe that the declining value of the dollar is a good thing! If growth doesn’t keep up we will see inflation kick into high gear. Here are some positives, the global market has change and the success or failure of US based business are no longer dependent on our economy. Also, our economy for many years in a service based economy rather than a product based economy.
You mention the US worker gets the short end. That is true right now because we have too many people that do not want to spend their lives in college being retrained to meet the new demands. Sorry but gone are the days where a man can work at a broom factory for the rest of his life making broom handles. We live in a dynamic world now, not only do our business need to compete but our work force must compete.

Your quote, "As companies get to increase profits, you get to spend more money on food, energy, and most other staples."
OK I can understand the frustration but why can’t the average American take advantage of this? Last time I checked every American can invest and own a part of those profits. We take for granted the awesome situation we are in today! We have emerging markets in every corner of the world. I don’t care how much money a person has. They can start out with $500 dollars and become a millionaire. Mark my words Americans will look back at this time and wish they would have worked with the change rather than bitching about the problems. Then again most people will read this and think me a fool and that’s fine that’s the very reason why we have winners and losers in life.

What you mentioned about republicans is spin and we need to improve that situation. However I thank God everyday that Bush instead of Gore won the election! Our economy is better for it.

…………………………..
As for your addition, Oil went to $90 purly because the dollar devalued not becaue of a shortage. Oil futures are based on the value of the dollar as opposed to the Euro or the Loony. That move in price was due to speculators and will drop back down to resonable levels. Foreclosures happend because of people trying to bite off more than they can chew and the greed of sub-prime lenders. You can thank the federal reserve for that one! Thats not spin thats the truth!

GDP is still growing
We are at full employment
Inflation is low

The economy is still not that bad there are things we need to work on but we are better off!

15 Comments on “If a democrat were president now instead of a Republican would Republicans be complaining about inflation?”

  1. ret_roch_cop

    No, we’d be complaining about the tax increases that follow democrats like stink follows a skunk. With democrats, tax increases are inevitable.References :

  2. Edge Caliber

    Blind sheep loyal to a party at any cost.References :

  3. one_for_the_doctor

    No

    But the Dems would be claiming the economy they now bash is doing great.

    " got to love republican spin"

    Kind of like Hillary blasting every repub that has used 9/11 in their ads then in her very first campaign ad she usesd 9/11.

    Oh wait thats not spin. Thats hypocrisy.

    Gotta love the Do Nothing CommitteeReferences :

  4. Bill Clinton

    Yes. They would be complaining nonstop about inflation, two senseless wars, the huge deficit, recession, gas prices, selling out to China, all the White House resignations, etc.References :

  5. D C Timberstone

    It makes no difference who is President the sniveling will continue.References :

  6. Captain

    You are the one that is spinning. We sell products over sees. The lower the dollar is valued the more foreign investment we bring in also. You are just trying to make the fact that the Yuan is cheap and the dollar is declining, has been declining, to each other. The Yuan should be revalued and there isn’t a single democrat that would bring that to the table with China. The facts dont spin, you do.References :

  7. uberknowing

    yesReferences :

  8. Slow Poke

    President Clinton sold missile and rocket tech. for campaign money. While China was putting satellites into orbit, they was putting nukes on missiles. Now that the have satellites, they have cell phones and other gadgets to make them more advanced. This led to the rise in cost of fuel to milk. This was all for President Clinton’s benefit. I liked it better when China was poor and riding bicycles.References :

  9. Afeasf A

    hey but atleast democrats allocate tax revenues in ways that represent the taxpayers…like infrastructure, civic centers, recreational centers, municipal utilities etc…instead of fretting for the markets and getting us into unprovoked wars for the sake of American Imperialism…silly conservatives…armageddon could be happening and as long as the Nasdaq is performing, everything is peachy.References :

  10. rabble rouser

    Well let’s see…

    I think the big argument from Republicans during a debate is that they will "create jobs"…

    Lets see if that actually happens:
    http://farm3.static.flickr.com/2416/1678050550_e50fc800d1_o.jpgReferences :

  11. BekindtoAnimals22

    You don’t hear much about inflation because of the method that is used to calculate it now. Very inaccurate as anybody who buys their own food, gas, and everything else can attest to. How can our law makers determine the status of our economy when inaccurate means of determining the economic indicators have been used in this administration? Its all been done to encourage investment but based on nothing but inaccuracies. The stuff will hit the fan with the next administration and unfortunately they will be blamed.References :

  12. Josiah

    If a dem were pres NBC, CBS, and ABC would be filling our heads with the wonderful economic news. Record high market, record low unemployment, still more homeowners than during any previous administration, 401ks kicking ass, lots of construction work, etc So there would be no fabricated bad news such as you are attemptingReferences :

  13. ArgleBargleWoogleBoo

    Sure they would.References :

  14. RajinCajin

    Well Bob, the inflation rate is calculated on the CPI "Consumer Price Index". The inflation rate is still low. The inflation that is currently present is mostly base on energy and nothing else. Had a democrat been in office they would have kept our taxes high and in a "lock box". The result would have been a longer recession felt in 2001, there would be low or no growth, and due to the previous, inflation would have taken hold. If you remember Carters administration and the evil "stagflation"! Same problem!

    As a conservative I don’t believe that the declining value of the dollar is a good thing! If growth doesn’t keep up we will see inflation kick into high gear. Here are some positives, the global market has change and the success or failure of US based business are no longer dependent on our economy. Also, our economy for many years in a service based economy rather than a product based economy.
    You mention the US worker gets the short end. That is true right now because we have too many people that do not want to spend their lives in college being retrained to meet the new demands. Sorry but gone are the days where a man can work at a broom factory for the rest of his life making broom handles. We live in a dynamic world now, not only do our business need to compete but our work force must compete.

    Your quote, "As companies get to increase profits, you get to spend more money on food, energy, and most other staples."
    OK I can understand the frustration but why can’t the average American take advantage of this? Last time I checked every American can invest and own a part of those profits. We take for granted the awesome situation we are in today! We have emerging markets in every corner of the world. I don’t care how much money a person has. They can start out with $500 dollars and become a millionaire. Mark my words Americans will look back at this time and wish they would have worked with the change rather than bitching about the problems. Then again most people will read this and think me a fool and that’s fine that’s the very reason why we have winners and losers in life.

    What you mentioned about republicans is spin and we need to improve that situation. However I thank God everyday that Bush instead of Gore won the election! Our economy is better for it.

    …………………………..
    As for your addition, Oil went to $90 purly because the dollar devalued not becaue of a shortage. Oil futures are based on the value of the dollar as opposed to the Euro or the Loony. That move in price was due to speculators and will drop back down to resonable levels. Foreclosures happend because of people trying to bite off more than they can chew and the greed of sub-prime lenders. You can thank the federal reserve for that one! Thats not spin thats the truth!

    GDP is still growing
    We are at full employment
    Inflation is low

    The economy is still not that bad there are things we need to work on but we are better off!References :

  15. Old Scout

    Our inflation is a result of the past sins of the Democrats, the New Deal and the Great Society to name a couple. Eliminating the minimum wage and the NLRB would go a long way at fixing our economic troubles.References :

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