Quote:
Originally posted by arsenal@Oct 6 2004, 02:14 PM
Yes, Bush has run up a huge defficet (sp?), becuase of the war on terror, the DOHS (department of homeland security). All this really does is affect how the US dollar is viewed on the world market. If the dollar goes down, more countries are willing to invest the US. Buying more goods than they usually would. Then with more people investing the country, the dollar will rise, and vise versa.
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Dude think about what you just said.
With a weaker dollar actually comes less investment, because they are getting their returns in the dollar, now whatever currency they started with, why would you trade a strong currency for a weak one. This lack of investment does what?????? That's right stops job creation. Big defeciets means less jobs. What the government does has a huge effect on the economy plain and simple.
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