Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Alberta's Child; Willie Green
The single biggest contributor to the flight of jobs overseas is not regulations and subsidies, but a U.S. dollar that has been the strongest currency in the world by a wide margin over the last 15 years.

So manufacturing will come back now that the dollar has lost 20% of it's value?

18 posted on 07/28/2003 1:59:37 PM PDT by forester (Reduce paperwork -- put foresters back in the forest!)
[ Post Reply | Private Reply | To 11 | View Replies ]


To: forester
Not necessarily. Nobody is going to shut down a plant in Malaysia and move back to the U.S. just because the dollar has lost 20% of its value in recent months. The issue isn't where the dollar is today, but where someone thinks it's going to be over the next couple of decades.
20 posted on 07/28/2003 2:06:26 PM PDT by Alberta's Child
[ Post Reply | Private Reply | To 18 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson