Flooded the economy with newly printed money?
Flooded? And of course you can show how this flooding has caused inflation rates to skyrocket, right? Oh wait:
But, surely this flood of printed money has devalued our currency at a greater rate than any other time in history, right? Uh oh:
Cumulative rate of inflation from 2000-2004:
9.7%
Cumulative rate of inflation from 2004-2008:
14.0%
Cumulative rate of inflation from 2008-2012:
6.6%
Just for giggles, let's go back 3 decades, breaking it down by Administrations!
Cumulative rate of inflation from 1980-1988:
43.6%
Cumulative rate of inflation from 1988-1992:
18.6%
Cumulative rate of inflation from 1992-2000:
22.7%
Cumulative rate of inflation from 2000-2008:
25.0%
Cumulative rate of inflation from 2008-2012:
6.6%
EDIT: Now, if you had argued that we've merely kicked the can down the road, and have put off addressing our debt and deficit issues in order to stabilize our economy now (such as it is), I might actually be inclined to agree with you. Or if you (in the same breath) pointed out how Americans lost $6 trillion in wealth due to big business engaging in irresponsible speculation, you would have won my heart. And policies that are hostile to business? Sorry, that dog won't hunt. The deregulation brought about by the Gramm-Leach-Bliley Act of 1990 plunged us into the Great Recession (don't say the D word!) that we find ourselves in now. So much for being business friendly.
There is an interesting article on this subject from the Washington Post. This article hardly paints the Executive or our lawmakers in a flattering light, but does point out that inflationary spending couldn't begin to cover non-discretionary programs.
http://www.washingtonpost.com/blogs/...s-debt-problem