I’d like to think the weak dollar was part of some secret strategery on the part of the Bush adminstration, but frankly I doubt it. I just don’t think anybody there is thinking about the long term, nationalistic interest of the USA.
Bush's steadfastness with the Iraqi war proves the above statement isn't true.
My thoughts, exactly.
The Bush administration can even secure our southern border, which would end illegal immigration and 90% of the drugs brought into our country.
Why would they even care about an economic war with China? Red China probably owns most of the pols in DC anyway.
Our trade relationship with China is actually part of that plan. By pegging their currency to the U.S. dollar, they've basically ensured that the U.S. purchasing power of anything produced in China will not decline despite the "inflationary dollar" policy that has been put in place.
Basically, China is now functioning as a slave colony of the United States. And they are apparently quite content to be such a thing.