Off-Topic: economy us exports under obama
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Name:
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MartiniMan
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Subject:
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economy us exports under obama
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Date:
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3/13/2015 3:01:04 PM
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No surprise there as the dollar has gotten very strong in the last 4 or 5 years making our exports more expensive for foreign buyers. But it also makes oil much cheaper because the dollar is the benchmark currency and it makes international products cheaper for the American public. Of course it also could seriously hamper our manfacturing industry if the dollar stays strong as well as elminate domestic oil exploration. Not sure how the current administration is going to continue to handle the strength of the dollar as it has both positive and negative implications. Prior administrations tended toward a weaker dollar. Has there been much written about this?
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