GOPers, explain why the weak dollar is great for Americans - cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board

MikeWaters · 07-21-2008, 03:20 PM

and why it should continue to get weaker in order to make America stronger.

I think a weak dollar like this is bad for America, but I want to hear your explanation of why it is good, and why it should be even weaker.

MikeWaters · 07-21-2008, 03:57 PM

bump

All-American · 07-21-2008, 04:42 PM

I'll answer this question when you tell me why a high crime rate is great for Americans.

Who's arguing in favor of a weak dollar?

MikeWaters · 07-21-2008, 04:45 PM

Quote:

Originally Posted by All-American

I'll answer this question when you tell me why a high crime rate is great for Americans.

Who's arguing in favor of a weak dollar?

It helps exporters, because their goods are now cheaper in the USA, while foreign goods imported into the USA are now more expensive, again helping these American companies.

Indy Coug · 07-21-2008, 04:50 PM

Yeah, the weak dollar is a purposeful effort by the government to help exporters.

All-American · 07-21-2008, 06:32 PM

Quote:

Originally Posted by MikeWaters

It helps exporters, because their goods are now cheaper in the USA, while foreign goods imported into the USA are now more expensive, again helping these American companies.

So you're asking the question when you already know the answer?

What's the matter, Mike? Fish aren't biting like they used to?

MikeWaters · 07-21-2008, 06:34 PM

Quote:

Originally Posted by All-American

So you're asking the question when you already know the answer?

What's the matter, Mike? Fish aren't biting like they used to?

I just don't think the answer is very convincing.

I guess no one else on the board does either.

This weak dollar is yet another one of GWB's great failures as President. Yes, I think his monetary/deficit/budget policies have had a huge effect.

Indy Coug · 07-21-2008, 06:43 PM

Quote:

Originally Posted by MikeWaters

I just don't think the answer is very convincing.

I guess no one else on the board does either.

This weak dollar is yet another one of GWB's great failures as President. Yes, I think his monetary/deficit/budget policies have had a huge effect.

IMO, the biggest culprit in the weakened dollar was the fallout from the extremely low interest rates at the beginning of the decade and the resulting fallout from that.

BYU71 · 07-21-2008, 06:45 PM

Quote:

Originally Posted by MikeWaters

I just don't think the answer is very convincing.

I guess no one else on the board does either.

This weak dollar is yet another one of GWB's great failures as President. Yes, I think his monetary/deficit/budget policies have had a huge effect.

The US dollar started it's decline about the same time the dems took over Congress. I would guess that is just an interesting coincedence and the weak $ is another one of Bush's faults.

07-21-2008, 03:20 PM	#1
MikeWaters Demiurge Join Date: Aug 2005 Posts: 36,365	GOPers, explain why the weak dollar is great for Americans and why it should continue to get weaker in order to make America stronger. I think a weak dollar like this is bad for America, but I want to hear your explanation of why it is good, and why it should be even weaker.

07-21-2008, 04:42 PM	#3
All-American Senior Member Join Date: Jan 2006 Posts: 3,420	I'll answer this question when you tell me why a high crime rate is great for Americans. Who's arguing in favor of a weak dollar? __________________ εν αρχη ην ο λογος

07-21-2008, 03:57 PM	#2
MikeWaters Demiurge Join Date: Aug 2005 Posts: 36,365	bump

07-21-2008, 04:50 PM	#5
Indy Coug Senior Member Join Date: Jan 2006 Location: Between Iraq and a hard place Posts: 7,569	Yeah, the weak dollar is a purposeful effort by the government to help exporters.