If the creation of money out of thin air — known as quantitative easing — were really more effective than harmful, the U.S. government would do it all the time instead of only in a recession. It merely masks a lack of growth and, the more we do it, the more rampant the inflation we will have. This inflation has not happened yet, but that’s because there is a lag factor. Things will be better in the long run if we end quantitative easing. Thus, we should elect Ted Cruz for president.
The current size of the national debt is another dangerous issue that will hurt us more in the long run if we don’t take drastic action sooner. Cruz has pledged his support for the Balanced Budget Amendment.
Alex Sokolow