Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (32037)	6/26/2008 3:12:13 PM
From: lorne	of 224750

kenneth...."The falling dollar which causes much of the inflation in commodity prices of products sold on the world market is certainly the result of economic policies in place long before the 2006 election."..... Ya mean like this Ken??? As Dollar's Decline Alarms Europe and Asia, America Pays Little Heed By Alan FriedmanPublished: THURSDAY, MARCH 9, 1995 PARIS: When it comes to perceptions in Europe and the United States about the feeble dollar, the Atlantic Ocean has rarely seemed so wide. In the United States, there is simply less concern in the business world and society at large about the dollar's recent drop. In Europe, as well as in Asia, the U.S. currency's fall has generated widespread alarm. This difference in outlook is not shared at the official level, where both the White House and Chancellor Helmut Kohl's office jawboned in favor of a stronger dollar Wednesday, with backing from the Federal Reserve and the Bundesbank. But outside policy-making circles, the contrast is apparent. The Clinton administration's slow reaction time on the dollar crisis appears to reflect several factors: More >>> iht.com

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