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American dollars is plunging: NO MORE TRAVEL!
Your post just shows the immense ignorance of the anti_Bu****es. To wit: I am not sure what G. W. Bush is doing but the American dollar is getting weaker every day and virtually every where in the World, including South Pacific, Europe, and Japan! Weaker equals cheaper exports from the US and costlier ones from other parts of the world. Which would you buy--the cheaper or the more expensive? You will find out when European exports plunge. This is also why the Asian currencies aren't falling as much as the Euro. They, of course, realize this and are taking counteraction, making them less competitive against the US but more against the Europeans. Is it a part of Bush's "stragetic initiative" to confine the Americans from expanding their knowledge of the world? Or is it simply his stupidity that causes this embarassing disaster? No, it's your stupidity for not understanding what you are posting about. If you had a clue, you would know that the main factor are the trade imbalance (which will move toward correction through the mechanism cited above) and interest rate levels (which are low in the US the help the economy develop). Raise interest rates and the dollar will strengthen but the economy will slow? Which do you prefer? For those who want to jump up and defend Bush, if you think this cast of blame is unfair, think of the boost in Bush's approval rating after Saddam's captu Bush does not deserve any credit for the capture of Saddam but his handling of the economy has every thing to do with this drastic plunge of the American dollar and the integrity of the American values. Not unfair, just stupid and ill-informed. November 2004 is too long to wait for! For what? For the choice of the Democratic dwarfs to lose in a landslice? |
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