That’s Right Nate

Thoughts from a right thinker.

The Weak Dollar is Good

with one comment

One thing that liberals always fail to get is that this falling American dollar is actually a very good thing.  By making the dollar worth less, imports will cost more, but our manufactuing sector can make money hand over fist as American automobiles, steel, and electronics can start sweeping into other countries.  With a cheaper US dollar emerging markets like China will be building with our steel and driving our cars.  This can only be a good thing for the United States.  In fact if our dollar goes low enough we may see the first trade surplus in a good long tiime.  It is for this reason that John McCain’s call to cut the corporate tax rate from 35% to 25% is so important.  There’s no telling what American companies like Ford, Apple, and US Steel can do with this cheaper dollar.

Advertisements

Written by thatsrightnate

April 18, 2008 at 5:41 am

One Response

Subscribe to comments with RSS.

  1. If you believe in what you are saying here, then you are fools.

    If you do not – you are liars.

    In any case you do not deserve to run this country.

    Stop insulting everyone’s intelligence.

    Michal Kreiselman

    August 28, 2008 at 1:42 pm


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: