In response to:

Vast Majority of Americans Worried About Inflation

Dread Wrote: Nov 12, 2012 5:33 PM
Inflation is not a problem yet. It will be a problem long term. That's where the focus on addressing debt should lie. In the long term. Congress should work on a long term solution that starts when the rise in GDP and the decline in unemployment meet a defined threshold that gradually reduces spending and increases tax rates over a stretch of time (10 years) and focuses on paying down debt. The program would be suspended should GDP shrink for more than one quarter or unemployment reached 8% again.

Adding the overall gloomy picture of how Americans view the economy, the vast majority are concerned about inflation according to a new Rasmussen Report.

Most Americans remain concerned about inflation but are beginning to express a little more trust in the Federal Reserve Board’s ability to control it.

A new Rasmussen Reports national telephone survey finds that 76% of American Adults are at least somewhat concerned about inflation, including 48% who are Very Concerned.  Twenty-two percent (22%) are Not Very or Not at All Concerned.

This feeling comes as the Federal...