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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: DizzyG who wrote (17580)11/7/2007 2:22:19 PM
From: HPilot  Read Replies (1) | Respond to of 224756
 
IMO most financial rags that cater to individual investors have this wrong. Right now we need the dollar to devalue and lose value VS foreign currency. That makes our exports cheaper and will help our economy in the long run. Problem is Bush and most other free traders seem to ignore the fact that many countries will raise their import tax whenever the dollar goes down. We need a president who will respond to those countries with higher import tax's against those countries. Of course the article is right about high tax's hurting our economy, but we have trade deficits against countries with much higher tax's.