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Politics : Stockman Scott's Political Debate Porch
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To: Jim Willie CB who wrote (28353)9/21/2003 10:25:01 PM
From: Lizzie Tudor  Read Replies (1) of 89467
 
a controlled, falling dollar would not leave the US in "deep shit"... I agree we would be better off if we could get our budget under control and getting rid of bush will help with that. But as far as general economic conditions are concerned, a falling dollar against they yen and euro are not a catastrophe by any means. That is my view.

I agree with you the deficit is too high and we need to get this fiscal mess under control. I don't think there is much that can lead to higher rates here because the fed doesn't want higher rates. No inflation... impossible so worst case, more pumping money into the system.
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