Inflation and its effect on the American economy and consumer spending

The over printing and spending of the US dollar by the Federal Government has caused inflation rates to rise and the cost of products particularly oil to rise considerably. 50% of Iraq's oil production has stopped since 2003 causing prices in the global market to rise. Along with inflation rates weighing down on the price of crude oil a gallon of gas now cost $3.79 a gallon. I believe the Federal Government is not recognizing the major effect inflation rates are having on consumer's in the United States particularly on the price of oil. Cutting spending that isn't of the greatest necessity is crucial, but also even more important is the security and monitoring of the US dollar. What can the Federal Government do to lower inflation rates and get consumers buying more goods again?