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Originally posted by xclusive
Ok it's as simple as this when bush is out the world will have more confidence in us and the dollar will get better...
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I'm not sure that understand economics very well.... The weak dollar is GOOD for the US economy.
The EU is getting DESPERATE to try to weaken the Euro. The reason why the unemployment rate in most of the EU is twice what it is in the US has a lot to do with an overly strong Euro. It is killing EU exports, just as the weak dollar is doing great things for US exporters and manufacturers
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bush doeasn't want a stong economy he just want big rich guys (in his familly) and poor americans
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How does that make any kind of sense? Even if he is acting out of pure self interest only, and only for "big business", then he has a vested interest in a strong ecomomy that increases consumer spending. How would bug businesses make money if no one can buy their products?
Has anyone ever studied even BASIC economics around here?