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Politics : John Kerry for President? -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (1626)	9/29/2004 7:16:43 PM
From: Lazarus_Long	Read Replies (1) \| Respond to of 3515

You aren't smart enough to know whether your point was proved or not, you dunce.

To: American Spirit who wrote (1626)	9/29/2004 8:35:04 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 3515

"94 x 3.5 = 33 + 94 = 127" Where'd you learn basic math? . . . Or more precisely, where did someone attempt and fail to teach you basic math? BTW, since I'd hate to see you struggle through life without being able to calculate something as simple as a percentage change, here's the proper way to figure it: (ending value/beginning value)-1 = proportional change; multiply by 100 to get percentage change. In this case, (1.22/0.94)-1 = 0.30 or 30%. Alternatively, to find the ending value that would equate to 35% change, divide that by 100 to get 0.35, then add 1 and multiply by the beginning value. 0.35*0.94=1.27. But again, you've failed to explain why even a 35% decline in the value of the dollar, had that occured, would be bad for the US. And as for your claim that this, together with "higher energy prices, has made us, individually and as a nation, "far poorer than we were 4 years ago", you once again demonstrate your economic illiteracy. First of all, exchange rate changes alone can't make you richer or poorer unless you own assets or owe debts denominated in the foreign currency. What makes you richer or poorer is changes in asset values and prices of goods. Furthermore, the direction of the effect of a given change in either depends on whether you are a borrower or lender, but I wouldn't expect you to understand that. In any case, asset values plummetted when the market bubble popped under Clinton and inflation, of which energy prices are only one of many components, has remained well under control. Neither exchange rates nor inflation have made us, as a nation, poorer. Now, I suggest you give up before you hurt yourself.