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Originally Posted by jolinar of malkshor
Unemployment is high? Its at 3.7% one of the lowest in the world. As for their currency a weaker dollar will help with thier trade deficit.
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Unemployment numbers usually look lower at the tail end of a period of slow job growth, because people have given up on looking for jobs. However, you're right--compared to other regions of the world, American unemployment isn't too bad. Now if they could just get some kind of universal health care, they'd be in business....
And the lower dollar might help with the trade deficit. It doesn't do much to help with their other deficit, though--you know, the real deficit, the one where the government spends more money than it has.