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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (56677)	11/5/2004 8:17:24 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 81568

Not only that. If dollar keeps weakening, the cost of imports will rise and since we hardly export anything (other than jobs), the cost of living is going to increase. Greenscum will have to raise interest rates to halt the decline in the dollar but that will only cause a recession and a stock and bond market collapse here. Bottom-line is that if we wanted to be as arrogant as we are now, at least we should have set our fiscal house in order before adopting such a posture. Since we haven't, we will get screwed. And am I glad that Dumbya will be in charge at that time!