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Reply #6: Lower dollar. Maybe they pushed and pushed the Chinese to [View All]

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applegrove Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-12-06 10:39 PM
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6. Lower dollar. Maybe they pushed and pushed the Chinese to
stop hording dollars so the outsourcing of jobs would slow down running up to 2006 election. And they don't trust the Chinese to sell dollars fast enough (chinese keeping their $ artificially low allows them to integrate more people into the market - and they still have a Billion people they want to put into factory jobs).

So it may be a "lower the dollar" create jobs for the 2006 election strategy.

Who thought they would actually not try and influence the economy to win an election?

Could be - with workers getting lower salaries that that will fight inflation enough to make it a net gain in jobs.

That would be my guess.

Only the stock market, housing bubble in areas, and the military industry is going like gangbusters. Rest of economy has been left out.
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