A simple review of the Boeing vs. Airbus economic struggle ought to illustrate to the foolish Lou Dobbs types that lower dollar is good.
Airbus is now doomed and Boeing will now crush them in the global market.
This story can be multiplied by hundreds.
I cannot understand why when this same cannard was used on the Reagan administration and the Japanese debt control that people still fall for these silly arguments.
A lower dollar has advantages and disadvantages. Personally, I buy more imports than the exports I sell. But it will help our very efficient manufacturing sector.
And it will give the whiners something different to whine about, which will be a nice change.