Quote:
Originally Posted by spunkmaster
Because of the Dollars drop in the last year the deficit has dropped 30% !
The lower the Dollar the better it is for the US exports and deficit.
The only time a low dollar isn't good is if inflation is high and right now inflation is low.
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You saying there is now a drop in debt of 30%???
Sure, in theory a low dollar should help exports, and it has done to a degree, but so little in comparison with the level of imports. Also, since there are far more imports than exports - it sure does not help the trading deficit where more dollars are needed to pay for imported product.