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In response to:

Yes, Debt Matters

Dave12248 Wrote: Mar 27, 2014 3:54 PM
"inflation is also at record lows." Only because, with the reformulated Consumer Price Index, the unit of measure has been changed, along with what is being measured. The rapidly increasing costs of food, energy, and medical care are no longer weighted as heavily as previously. It is estimated that if the 1970s formulas were used today, we would have 1970s inflation, i.e., double digits.
Phil Gramm spent 15 years in Congress before he started running for President. Ted Cruz spent about 15 minutes.
Oddly, this was not reported on the TV news. Not even the local TV news in Houston.
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