Steve's barking at simple economic explanations for simpletons

Lets start with the premise that the low interest rates on a car loan isn't making the price cars go up.
Now taking this a step further low interest by the Federal Reserve does not cause the price of anything to go up.
Lets ask a simple question, in a house hold that pays more in goods and services then takes in from salary but has other income that helps cover the cost is that household running a deficit? The US is paying out more then it takes in from taxes, but it gets money from an outside source known as the FED how much of a deficit are we running?
Can one call Calvin Coolidge one of the top presidents because of the economic expansion that happened during his administration or do we blame him for the economic contraction?
Can we call Bill Clinton a great president for the economic expansion that happened under his watch, or do we blame him for the collapse of the housing market (seven years later) as some do.

Some easy rules:
Inflation is be based on supply and demand.
The sole reason for businesses are to make money.
Believe it or not government creates more jobs then it destroys.
Believe it or not,the US government is not the biggest hindrance to capitalism other capitalist are.
Money shouldn't be finite, the population is expanding, so should the money supply.
Those fiscal conservatives  who worry about government deficits shouldn't put money into banks.