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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Bilow who wrote (127876)	3/30/2004 8:40:03 PM
From: quehubo	Read Replies (2) \| Respond to of 281500

The USD returning to a historical level after the late 90's techno bubble is no disaster for the USA. Have you noticed manufacturing in the USA is improving smartly now that the playing field is leveled. stockcharts.com[w,a]waclyiay[d19900330,20040330][pb50!b200!b10!i!f][vc60][iut!Lh14,3!La5,17,9!Ll5!Lc5]&pref=G Carl, if you want to talk some smack about energy with me you came to the wrong person. The number you reference is US demand, not imports. Our demand has been increasing since the efficiency adjustment in the early seventies. Our production is dropping and imports are increasing. The last six months the USA has been competing with CHina and the rest of Asia with our voracious appetites as demand is increasing rapidly. eia.doe.gov The recent change in the dollar is a temporary influence on oil prices paid by the USA and currencies linked to the USD like China. The reason prices are high is because demand is leading supply and inventories are quite low. There never has been a country like the USA before Bilow. To say our economy is weak because our energy prices are going higher and our demand is increasing is ignorant. Is our economy weak because manufacturing is increasing in the USA? Fuel costs are now less of a concern because of their recent advantage with a weak dollar?