We need to balance the federal budget, AND!! our balance of trade, now.
When the dollar weakens against foreign currencies, our goods become cheaper in foreign markets increasing our exports.
At the same time, foreign goods increase in price in our markets, tending to decrease imports.
As our foreign sales increase, and our national economy increases so do tax revenues to the treasury decreasing deficits building into surpluses.
In short we are in the cat-bird's seat and that's why EUO weenies are alarmed:
Economists at the International Monetary Fund (news - web sites) on Wednesday expressed alarm at growing U.S. budget deficits, saying continued deficits could hurt the global economy
It operates against Euorpean interests and in the United States favor. Enjoy!!
Not when you close your factories and move your manufacturing to asia. We will not export more Maytags which are now made in asia, we will not export more Lifesavers, we will not export more Stanley tools, we will not export more Cross pens, etc.etc. etc. You cant export what you dont make.