posted on Nov, 20 2009 @ 11:34 AM
I appreciate you thinking critically on this issue. More people need to do it. However, there are three fundamental problems with your solution.
I'll spare you the technical explanation and just give you the simplest reasoning so that you may better understand:
1. In the United States the government has little control over prices. Prices are largely set in the market through supply and demand. It would be
difficult and very costly for the government to lower prices.
2. The dollar isn't "inflated" (although I suspect you mean depreciated) because prices are higher; rather, the prices are higher because the
dollar is depreciated! The value of the dollar is also set by supply and demand. There is an ever increasing supply of dollars (since the Federal
Reserve is constantly printing them); the U.S. dollar depreciates when the supply grows faster than the demand for dollar.
3. Raising taxes is not a solution for the government wasting money.
Again, I appreciate your thoughts on this subject, but I do recommend that you learn the fundamentals of economics. The U.S. government is failing
utterly to teach its citizens economics through the public school systems. I'm not sure if that's by design or not; in either case, the current
economic crisis would not be happening if Americans had a better understanding of economics.