[QUOTE="KC_Hokie"]Not if government spending and corporate taxes were lowered. We haven't made the stuff they make over there for a long time now.
[QUOTE="Mafiree"] If US currency can buy more goods in south-east Asia that will only exasperate the supposed problem (outsourcing)........Mafiree
We should target a high tech economy. And having a higher purchasing power relative to the world won't hurt us at all in that area. It would allow our standard of living to remain while potentially dropping elsewhere as well.
I don't see anything good from matching the devaluation going on. It's not like we export much anyways. And what we do (commodities, planes, high tech, etc.) have little competition anyways.Planes aren't competitive? Boeing vs Airbus.......Compared to must industries....not even close. That's one company away from a monopoly.