Technically speaking, the president has NO CONTROL over inflation in ANY WAY. That process is fully the responsibility of the federal reserve bank.
Yes, but he's only really responding to the situation... this is something that's been going on since, well, clinton at least, but probably Bush Sr, and has turned the 'two parties' into something more like deciding who runs the next leg of the relay race as we approach the line. Just to say, this can't really be blamed on the president per se, as much as the "special interests" that guide his decisions.Your right about dollar devaluation, as that is a very serious concern, especially with our current President spending money like a drunken sailor in a Chinese port of call.
Ok, well, roughly speaking, we are still paying the same for gas as we've payed since the price dropped following the Russians becoming the worlds largest oil producer. (About 70$/barrel). The only difference is that the value of the dollar itself has depreciated to the extent that it still might cost you 2-2.50$/barrel, but the number of dollars that you have to pay at the pump is more for the same amount of gas. (Not counting any taxes that have been added in between that period).As for my plan, it is a few pages back and does not take into account the affects that inflation will have on our collective purchasing power as a nation. In am only speaking in a theoretical nature when making the claim that $2 a gallon gas is a possibility based off of today's economics.
Of course it's rhetoric, that's why the MSM and the republican / neo-con party is so scared of Ron Paul that the only time they don't ignore him is to say he can't win. MEANWHILE, Rick Perry has come out trying to emulate Ron Paul (but I think enough people are aware how he made it mandatory (recommendation) for the HPV vaccine for girls that people might still see through it).As for pre-election rhetoric, you again might be right. However, better to vote for candidate that talks a good game, than the candidate that has no game at all (I'm not talking about Ron Paul).
How much of Obama's campaign promises held through??? (The promises he made to the people = 0, the promises he made to "special interests" = 100%)
They are ALL corrupt, I don't get how people can trust a politician for a second, at least if they don't have a track record backing up their position.