Posted by: Anonymous Coward
on March 13, 2004 08:23 AM
"A cheaper dollar, in a general sense, means we trade low-cost imports for a more competitive stance for our home-grown products and services both here and abroad."
The problem with this economic logic is that by the time this occurs, the US manufacturer will have gone out of business years ago and we won't be able to buy the goods (which now have higher prices) because we will all be working in our "service" jobs for minimum wage at some place like W.M..
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Weaker dollar
Posted by: Anonymous Coward on March 13, 2004 08:23 AMThe problem with this economic logic is that by the time this occurs, the US manufacturer will have gone out of business years ago and we won't be able to buy the goods (which now have higher prices) because we will all be working in our "service" jobs for minimum wage at some place like W.M..
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