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Economic genius?

Have Bush, Paulson and Bernake hid ther genius? The low dollar makes all the debt we owe to China and Saudi Arbia cheaper, the low dollar also makes our exports and manufacturing stronger, and the high price of oil has made alternative energy more viable. With all that being said have we missed some grand mater plan that is actually working?

Asked By: Joshua R - 3/30/2008
Best Answer - Chosen by Asker
About China... More
Answered By: a bush family member - 3/30/2008
Additional Answers (8)
what do we manufacture? we import we are the largest importer on Earth ( the planet we live on) and the cost of imported goods rises.......Hello.....Economic genius?
Answered By: jpenergy@sbcglobal.net - 3/30/2008
 
No. They are far from it.
Answered By: William F - 3/30/2008
 
It's OK as long as you have cash in the bank. Clearly they are playing some sort of game that most of us are not privy to. I think the US will become the North American Union with the Amero as its currency in the next ten to twenty years.
Answered By: joe4912004 - 3/30/2008
 
I fail to see how a low dollar makes our manufacturing stronger. If you pay people money that becomes worth less as time goes on, you're cutting their pay and spending power. You'll have to export everything because soon, no one can buy it in it's base country. High oil prices should not drive alternative energy... More
Answered By: Money Party Member - 3/30/2008
 
Yes, kool aid is free now.
Answered By: Holy Cow - 3/30/2008
 
We no longer have industrial production in the US it was all shipped over seas. An the low and lower dollar is causing higher prices in the US [ gas , milk , eggs ] .
Answered By: Mogollon Dude - 3/30/2008
 
The effects you are describing are all attributed to the natural free-market responses. If goes like this... More
Answered By: AJ - 3/30/2008
 
Family Member you get the grand prize,, thanks for you input and information,,, My only hope would be those reading your hard work, can comprehend what your message is,,, Once again thanks.
Answered By: Ron N - 3/30/2008
 
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