The dollar is falling fast and we're losing jobs. Our economy blows, yes, but we can't say that nothing is being done about it. Something is being done about it, and it's scary.
The Bush administration is letting the dollar fall to bolster our exports. Here's how this works. When the dollar is high, other countries seek to sell their exports to us because the dollars they are paid with have so much leverage in the world. But when the dollar is low, other countries seek to buy our exports because they are so inexpensive. So by letting the dollar decline, we are infusing more of the world's money into our export industry and hopefully revamping our economy.
This idea can only work in the short term and here's why - the Bush administration has come to terms with the fact that most Americans, or at least those who voted red, are lazier and less motivated than the American-dreamers of yesteryear. They've accepted that in some areas, people will always choose to forgo college to work in factories and such. Bush is letting people and even rewarding them for accepting life as it is. We can't expect America to lead the world into the future when we let our own people sit on their asses. Sure we can inject money into these industries, but in doing so we're accepting mediocrity and diminishing the good name of America.
Eventually, other nations will begin to stop lending to us because we take such great risks yet are stuck so far in the past. For them, it'd be the equivalent of lending money to your blackjack-addicted uncle who shines shoes for living. And here at home, lenders will begin to add on more and more points to loans if they suspect that the dollars that they'll be paid back with in the future will be less valuable than the ones they lend out today. This of course, screwing over the lower classes for some greater good, once again.
And to top it all off, Bush's people plan take money from the trust to pay off the deficit, leaving us with literally nothing to our name except a few nukes and a tired military. If Bush's plot doesn't work within the next 6 months, the dollar could fall flat on its face when the world realizes what a joke we are.
But their plan just might work. And if it does, they'll point to the Democrats and laugh us off for ever questioning them. Really though, all they'll have done is pulled the covers over everyone's eyes. They're content with letting America just get by. But we're Democrats and we dream. We can't let them do this.