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December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review June 15, 2009 / 24 Sivan 5769

Inflation looms: Bam's deficit dilemma

By Dick Morris & Eileen Mc Gann


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http://www.JewishWorldReview.com | It's increasingly looking like President Obama may be sunk by his own deficit.


Yes, the recession started under George W. Bush — and voters will still blame him for unemployment and related woes. But rising interest rates and inflation are the coming fears — and Americans will increasingly see Obama's big-spending ways as the cause.


Deficit spending has always been Americans' bete noir; the gospel of balanced budgets is deeply ingrained in our political and economic psyche. Through all the Keynesian experiments of the '60s and '70s, voters remained committed to a balanced budget. They worried as deficits rose in the Reagan years — then calmed as the economy turned up.


But when the news turned bad under the first President George Bush, they blamed the deficit — the issue was a major source of Ross Perot's appeal in the 1992 election. And when President Bill Clinton (and a Republican Congress) finally balanced the budget, the economy bloomed — reinforcing public beliefs about the dangers of deficits.


Still in shock over the financial collapse, voters tolerated the massive government stimulus package in January. But now they're starting to turn on the deficit-makers.


In the latest Gallup Poll, Obama's favorability remains high (67 percent), as does his job-approval rating (61 percent). But only 55 percent approve of his handling of the economy, just 45 percent approve of his handling of federal spending and only 46 percent approve of his treatment of the budget deficit.


Meanwhile, the Rasmussen poll finds that the public now trusts Republicans over Democrats in managing the economy (for the first time in two years) by 42 percent to 36 percent.


There lies the president's vulnerability. As the consensus among economists and journalists grows that the deficit is pushing up interest rates and weakening the dollar, Obama's weakest link will come under strain. If, say, the falling dollar pushes up gasoline prices and rising interest rates kill off any revival in the construction industry, the deficit will cause a perfect economic storm for the president.


The United States has to borrow a net $3 trillion to $4 trillion over the next two years — far more than the $1 trillion a year average of the last three years. Obama may well face a tough choice: Print more money (monetizing the debt), triggering a run on the dollar — or let interest rates skyrocket, killing off the recovery.


Alternately, he could raise taxes to try to fund his programs (particularly his health-care proposals). But even tax hikes confined to the upper brackets will undermine his popularity — and slow the economy.


Plus, voters will fear that the added government spending will just grow the deficit further. They won't believe Obama's claims that he can save by spending, worrying instead that he's just on another big spending spree.


Indeed, deficit fears — rather than concerns about whether the program will work, or even opposition to the needed tax hikes — may prove to be the telling argument against Obama's health-care plans.


The one thing Obama should do is the one thing he won't do: cut spending.


The public has begun to realize that the stimulus package is doing little to help the economy. Obama's answer is to ramp up spending — but voters in the Rasmussen poll believe, 45-36, that he should cancel the rest of the stimulus outlays.


Stoked by ongoing bad economic news, the firm public conviction that new deficit spending will do more harm than good will increasingly wear on Obama's popularity — and may bring him down.

Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.


JWR contributor Dick Morris is author, most recently, of "Fleeced: How Barack Obama and Hillary Clinton, Media Mockery of Terrorist Threats, Liberals Who Want to Kill Talk Radio, the Do-Nothing Congress, Companies ... Are Scamming Us ... and What to Do About It". (Click HERE to purchase. Sales help fund JWR.) Comment by clicking here.



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