Quote Originally Posted by Xiahou
As to currency, a weak dollar has never been the officially acknowledged policy of the US (more walking the fine line), but based on the administration's actions, it's been something of an open secret that they've been pursuing one.
Your right, its standing shoulder to shoulder with that other little secret that the supplemental spending in Iraq and afghanistan are adding mamoth amounts to the budget deficit.

If I were Bush I would want a weak dollar too, what better way to lower the trade deficit, great little sound bite if you ask me. Of course they want a weak dollar because it does have the short term impact of making your exports cheaper, thereby lowering your trade deficits.

Nice cover for the budget deficit which Mr Bush is responsible for (well technically congress approved his supplementals so they all get a go at the troth).