[Rusty0604]

The dollar is only rising in comparison to other currencies. I wouldn’t exactly call our dollar safe. Trillions of dollars in debt and Obama getting us more in debt spending on illegals, obamacare, etc. Most of the new jobs here is flipping burgers; not a lot of tax revenue there, unless of course they mandate the pay to $15 per hour. Other good sources of gov’t income is cap and trade and so many regulations that everyone has to pay fines for something.

[Olog-hai]

A mandate to pay $15 per hour as a minimum wage will send a lot of businesses under, so that would mean any new tax revenue not materializing and existing tax revenue drying up. Cap and trade kills yet more businesses, as do fines (think A-Treat Soda). Even if the federal government cut back spending drastically, there's no way to plug that hole.

[WILLIALAL]

I’m not arguing that the US dollar is not being eroded, thats a given. My point is other economies are in as bad a shape, or are not large enough to stand up against the dollar. In a respect, we win by default.