Obama can Keep his Campaign promises, but do we want him to?

Barack Obama has proposed massive spending increases totaling a several hundred billion dollars. He has also promised to cut taxes for 95% of Americans, the amount he is promising to raise taxes by will not come close to funding all his proposals. So... how will he do it?

There is only one way without raising taxes. It's simple, it's proven, it would enable him to get all the money he promised, and it would screw us all over.

The solution?
Print more money.

Printing more money enables Obama to fund all his pet programs, however, it also provides a backdoor tax on the American consumer. This backdoor tax is known as inflation. By printing more money, your dollar is worth less and less. Meaning your income cannot fund as much as it used to.

This backdoor tax would hit everyone, from the richest of the rich, to the poorest of the poor. Even those who don't pay income taxes will see their purchasing power harmed.



In all fairness, McCain has promised spending increases too, but nothing like Obama, and has also promised spending cuts too. Still, it is likely both politicians will end up devaluing the dollar.