Works as well in Iran as it did in Vermont.

Inflation Fuels Anger Toward

TEHRAN, Iran (AP) - A sharp rise in inflation has provoked fierce criticism of hard-line President Mahmoud Ahmadinejad—not only from his reformist opponents, but also from senior conservatives who helped bring him to power but now say he is mismanaging the economy.

Ahmadinejad was elected in 2005 on a populist agenda promising to bring oil revenues to every family, eradicate poverty, improve living standards and tackle unemployment. Now he is being challenged for his failure to meet those promises. [snip]

Like all others walking this “feel good” path, nothing of the promises ever works out as projected. Taken from the Democrat playbook, there will be a pot for every chicken, good times for all and a joker in every deck. Most of the time that is the only card in the deck!

They have nothing to fear but fear itself, and in Iran, there is a surfeit of that on a per capita basis.

Mohsen Rezaei, the conservative former commander of the elite Revolutionary Guards, said the injection of huge amounts of liquidity was the main cause of increase in prices.

“The intention was to improve the economy but it backfired because the government ignored expert views,” he said.

Here’s a real economic maven; he got his degree at Sandhurts U. The Libs of every stink believe their own press releases.

Archived in: Conservatives, Economy, Iran, Liberalism