Wednesday, November 14, 2012

America - Now with more Hope and Change.


Two stories - you figure out the connection.

Retail sales in U.S. decrease for first time in 4 months.

And:

Chinese Yuan hits record high against U.S. dollar.

Hint: The only way to solve a really huge deficit is either to grow the economy - which means lowering taxes and lessening regulatory burdens - or to inflate the currency - which means that the dollar gets worth less compared to other currencies and the price of stuff made in foreign countries goes up and Americans can't afford to buy it.

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