Not once has he used the word "hyperinflation" in any campaign speech.
I thought he was intelligent and honest.
Is he, really?
.
2007-11-16 02:40:27 · 10 answers · asked by Anonymous in Politics & Government ➔ Politics
So which candidate has mentioned this? The difference is Romney is the only one with the smarts to fix the mess. Every one of the Democratic candidates is in on the Congressional spending scandal that is euphomistically called earmarks. Billions for pork will lead to inflation.
2007-11-17 06:34:30 · answer #1 · answered by Isolde 7 · 0⤊ 0⤋
Do you even know what you are talking about when you use the word "hyperinflation"?
The current inflation rate is around 3.5% per year.
While there is no standard percentage number that defines hyperinflation, rates of 20%-30% per MONTH would be considered hyperinflation.
So, if gas is $3.00 per gallon, after one year at 25% inflation per month, gas would be over $43.00.
2007-11-16 11:01:14 · answer #2 · answered by Michelle M 5 · 1⤊ 0⤋
He is a millionaire and thus insulated from the problems of society.He doesn't appear too bright and his integrity is questionable. I say this because currently he opposes abortion and while Governor of Mass he was in favor.Anything to get elected.Additionally he was a Bishop in the Mormon Church, a bizarre and right wing cult. His organization is trying to spread their tentacles throughout the world. They do so by forcing all young men and women to do a missionary stint often abroad.They also believe in Baptism of the dead and have a huge collection of genealogical information.It doesn't matter what a persons religion was to be baptized after death.
2007-11-16 10:49:14 · answer #3 · answered by Anonymous · 1⤊ 1⤋
what disaster are we facing and where do you get this hyperinflation term?
All Americans are being over taxed. We need additional tax cuts to keep the economy going. You say there is no jobs? I drive all across the country. I pass all kinds of businesses with help wanted banners. I think most of the unemployed are drug addicts they cant pass a drug test. People where I work are constantly getting fired failing drug test.
The last tax cuts increased revenue for the government additional tax cuts will produce more. Increasing taxes will cause less jobs and increase inflation.
2007-11-16 10:45:56 · answer #4 · answered by Tommiecat 7 · 3⤊ 2⤋
Mitt Rmoney is an opportunist. A legend in his own mind. If it weren't for the 10.5 million dollars that he has already spent, he wouldn't even be a contender. He has outspent all of his opponents put together 30 to 1 and this is the best that he can do?
Perhaps if he had actually been as successful as he claims, people might actually vote for him on his merits. But don't worry, he has enough money and lies to buy the nomination. Does he have enough to buy an election? $250 million only goes so far.
2007-11-16 10:45:34 · answer #5 · answered by buffytou 6 · 3⤊ 2⤋
He's pandering to the selfish (like they all are now) by saying , "I will lower your taxes, more money for YOU, and everything else will fall into place!"
Taxes aren't the problem - PORK and Overspending is. Nobody wants to state that they are going to go straight at congress and veto any BS spending bills that come through - that would be too difficult and complicated. Just play into people's selfishness by saying you're going to lower taxes.
2007-11-16 10:43:53 · answer #6 · answered by Anonymous · 3⤊ 1⤋
The president doesnt control inflation. The FED does.
2007-11-16 10:44:18 · answer #7 · answered by Anonymous · 2⤊ 3⤋
He doesn't worry, because he has enough money in other countries that when we continue our downfall (created by NAFTA et al) he'll just move where his money is. (Camon Islands)
2007-11-16 10:43:20 · answer #8 · answered by Anonymous · 3⤊ 2⤋
power and glory. Its all about money. Hate and greed
2007-11-16 10:44:26 · answer #9 · answered by whitewolfhowling 2 · 3⤊ 1⤋
Same reason most dems are clueless to the real disaster we face "terrorism"
2007-11-16 10:43:07 · answer #10 · answered by Anonymous · 1⤊ 5⤋