A “orderly decline of the dollar” would make imports (oil, chinese stuff, etc.) more expensive and make our exports cheaper. Such a decline would be good for Americans having more jobs here rather than losing jobs to other countries.
Orderly should be a slow enough decline so as to not ruin our economy due to suddenly increased import prices. In the long run, we have to get our balance of trade back in balance.
We (Canadians) heard this sort of tripe, about the benefits of a low value dollar, for decades of Liberal misrule. Devaluing the dollar is the same as cutting your paycheck. Once you accept it, you've begun a death spiral.
You do not have to diminish the dollar to restore America to the lead of the world economy. JUST CUT THE CORPORATE INCOME TAX AND THE CAPITAL GAINS TAX. Investment would flow into the US overnight. New productive industrries would find it cheaper to create here than overseas.
The liberals have us believing our tax rate is too low when the opposite is true.
To rebuild America take the chains of taxes and regulations off industry so it once again becomes profitable to engage in business and industry in America.