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Thank you John for those concise, accurate and non political statements. Thank goodness this hasn't turned into another anti-Bush screed. At least yet.
For those of you who think the decline of the $ is only a bad thing- let's use airplanes as an example.
The US is Airbus's primary market- and it's airplanes are now greatly overpriced compared to Boeing- even with the subsidies of their own governments. Boeing, on the other hand, is receiving more orders than ever- they're hiring, engaging more subcontractors and investing in plants, people, research and technology.
The same is true for Cessna, Beechcraft, GE, GM, Ford, Microsoft etc.- any US manufacturer or producer who exports to the global marketplace. We don't import everything- and as the $ declines we'll import less- or those companies who want to sell here will have to cut their prices to compete.
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