1 edit | reply to kapil
Re: The almighty Dollar The jobs are leaving Canada and some are coming to US. So the weaker dollar is resulting in more US jobs. And it has reduced the trade deficit for the 1st time in 5 years. |
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 NOCManMacChatterPremium
join:2004-09-30
Colorado Springs, CO | Does not account for the 7 trillion debt our country has ran up. Sorry but a half trillion trade deficit pales in comparison to the bill we have run up that takes Taxes to pay. |
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 pnh102Reptiles Are Cuddly And PrettyPremium
join:2002-05-02
Mount Airy, MD | reply to fAcEtIOUs
said by fAcEtIOUs:The jobs are leaving Canada and some are coming to US. So the weaker dollar is resulting in more US jobs. And it has reduced the trade deficit for the 1st time in 5 years. Most economists understand that a weak dollar is not universally bad and a strong dollar is not universally good. The only people making a big deal about the weak dollar are just those who hate Bush and want to blame him for the supposedly bad situation.
If the dollar was the strongest ever and we were suffering the "ill effects" of a strong dollar, we'd be hearing from these same people about how a strong dollar is so awful and we need to go back to a weak dollar.
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2 edits | quote:
The only people making a big deal about the weak dollar are just those who hate Bush and want to blame him for the supposedly bad situation.
Edit: Never mind. That's a very insightful and intellectually robust point you're making there. |
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lesopp
join:2001-06-27
Land O Lakes, FL
2 edits | reply to NOCMan
Add to that 7 trillion thecosts of the Global Poverty Act spopnsored by Obama that will commit the US to an additional .7% of GDP approximately $845 billion annually in more foreign aid. The Act also commits the US to the millennium development goals set by the UN which include banning small arms and weapons, ratifying a series of treaties including the International Criminal Court treaty, the Kyoto protocol, the Convention on Biological Diversity. |
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 Sean
join:2004-01-23
Toronto | said by lesopp:Add to that 7 trillion thecosts of the Global Poverty Act spopnsored by Obama that will commit the US to an additional .7% of GDP approximately $845 billion annually in more foreign aid. The Act also commits the US to the millennium development goals set by the UN which include banning small arms and weapons, ratifying a series of treaties including the International Criminal Court treaty, the Kyoto protocol, the Convention on Biological Diversity. Yes, but you won't be spending $400B every two weeks in Iraq. So Obama's plan is cheaper.
Nice try. |
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lesopp
join:2001-06-27
Land O Lakes, FL | His plan is cheaper if you make up facts. How did you arrive at $400 billion every two weeks? That would come to 10.4 trillion a year which is more than the current national debt.
I thought his plan was to abandon Iraq, let all the Bush tax cuts expire and commit the "windfall" to some new social programs.
Personally I'd rather see the other social programs fixed before more are created. Isn't that what we were promised, first by the Republicans in 2004 and then by the Democrats in 2006? |
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