While I find no argument with our ability to defend ourselves, I do question our government's will to do so, using our open borders as an example.
how stupid of an article is that !
The dollar depreciating is good for the economy as long as its not too sudden. This is how it works: the dollar looses value implies imports become expensive and exports cheaper. There have been instances of sooo many industries rampin up production in the last 2 years cos the dollar slid against euro smoothly. If the dollar is cheaper then american goods cost less in the world. If you need anymore convincing compare the number of tourists coming down into U.S from europe the last few years from historical averages.
I would say a orderly depreciation in dollar is exactly what we need.
I agree foreign vacations will become expensive for us but who the heck wants to go abroad when we got so many beautiful places worth checking out here in USA !!