Our exports are cheaper because US material and labor to produce US products is relatively lower than monetary units of exchange from other countries. However, this is hurting the USA consumer, who must pay more for goods and services that are imported from around the world. This predicament has lead VW to contemplate building an Auto Plant in the USA to take advantage of the relatively low costs of material and labor in the US.
The fall of the dollar internationally relative to other currencies is is hurting the US (e.g. you and I), as the US is a very big importer of goods and services. You can thank the Neoconservative Bush Administration with its war on terror, (eg war on Iraq), deficit spending (eg spending in excess of revenue collected from the people), and borrowing from other countries, which runs up the US debt. The situation has become so drastic that I may have to consider a brand of auto other than VW for my next Auto purchase, as VWs are becoming more expensive by the day. We very badly need a new direction for our country, and as for me, the 2008 elections can't come soon enough. Regards, LelandJ Pete Theisen wrote: > Hi Everyone! > > So the dollar falls. On par with the Canadian, 1.40 to Euro, and so on. > Supposedly, that makes US exports cheaper for other countries' citizens. > > But is there anything we make? Maybe agricultural commodities, is there > anything else left? > _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
