Originally Posted by Ray E. Strode
Jim!
The reason things cost so much is inflation. Our esteemed President Lyndon Johnson, before your time, decided to print more money.


No comment folks. Decide for yourself. Inflation rates averaged over their entire terms:

Johnson: 2.6 %
Nixon: 5.0 %
Ford: 8.7 %
Carter: 9.7 %
Reagan: 4.7 %
Bush: 4.4 %
Clinton: 2.6 %
Bush: 2.8 %
Obama: 1.5 %

Scott

Source: inflationdata.com

Last edited by Scott Campbell; 03/18/12 02:31 PM.