https://redstate.com/dhorowitz3/2011/04/29/time-to-end-feds-dual-mandate-of-destruction/feed/Conservative News & Politicsen-usWed, 10 Jun 2026 02:00:53 -0400<![CDATA[Recent economic reports of Obamanomics have shown dismal GDP growth, rising jobless claims, an anemic dollar, and soaring inflation; all indications of stagflation.  There are two components to stagflation; high unemployment and high inflation.  The unemployment, along with the weak economic growth, is due in large part to Obama&#8217;s Keynesian fiscal policy of overtaxing, overspending, over-subsidizing, and over-regulating.  While the profligate spending and corporate welfare are also responsible in part for inflation and the devaluation of the dollar, the major culprit is Obama&#8217;s Keynesian monetary policy of near-zero interest rates and printing money (QE I and II).]]>Fri, 29 Apr 2011 10:44:54 -0400<![CDATA[Daniel Horowitz]]>https://redstate.com/dhorowitz3/2011/04/29/time-to-end-feds-dual-mandate-of-destruction-n38838