Indeed: devaluing the dollar would make our exports more competitive, imports less competitive (spurring U.S. activity to compete with foreign companies), and make the part of my pension fund invested overseas more valuable in dollar terms (^_^).
Yeah, devaluation's worked
wonders for the inhabitants of the countries that have tried it - just go ask the Venezuelans and the Argentines (they've got plenty of spare time to talk to you, after all, considering how moribund their economies are).
