[RonBush]

This is noting to be too upset about. Currencies go up and down. When the dollar goes down it means our products are cheaper in other countries and we import more, which could be good for jobs here. On the other hand imports to the USA are more expensive so our cost of living goes up.

[RonBush]

Please excuse my type in the previous post. I said import when I meant export. What I meant to say was:

When the dollar goes down it means our products are cheaper in other countries and we export more, which could be good for jobs here.

[antceecee]

I would just ask that people take a moment and contemplate the difference between the two countries and then if you wish to panic, I think you need meds.

[montanajoe]

Folks who believe this is nothing to be upset about are loons pure and simple.

Defaulting on the US debt is madness and I am at a loss as to why anyone calling themselves a conservative would even consider it.

By the way as the dollar sinks the price of oil increases, as well as interest on the all ready existing US debt. Try telling the rest of the third world a falling currency and rating downgrades are no big deal..

[shibumi]

The poster expounds -

"This is noting to be too upset about. Currencies go up and down. When the dollar goes down it means our products are cheaper in other countries and we import more, which could be good for jobs here. On the other hand imports to the USA are more expensive so our cost of living goes up."

The crowd reacts -