William, I was joking about peso. . based on President Bush's new initiative with Mexico. . . which I must say has some holes in the logic, in my opinion. Writing from a steel town with 3 decades of extremely high unemployment, it is difficult to get behind a move to allow laborers to enter the country unabated. Likewise, the flushing sound of high paying tech jobs going to India, Hungary, Philippines, etc. . . and the dropping restrictions on steel imports makes me wonder what America's economic goals really are.
Do we even have goals? Does anyone know what they are? So we have a "policy" . . . of a "strong dollar". However, the "adjusted" definition of a strong dollar is: a dollar that increasingly loses its value when compared to other currencies.
Do these guys know what they are doing or do they just pass college degrees back and forth that say they do? You know, coming up with viable ideas is not all that hard for us "regular" folk. What is wrong with a conservative approach to government construction contracts? In other words, when the government builds a building, bridge, tunnel, or other major structure it is required to use American steel. There. . . was that so hard?
Rande Is |