The dollar losing value isnt neccesarily a bad thing, as it encourages foreign people to come here to spend their money which is now worth more. Should encourage trade also in our direction.

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http://www.fairtax.org

Elminate all taxes on income and replace with a national sales tax.

Well that all depends. What do we have to offer and how long will it last?

Will they buy enough to counter a dumping of $4,000,000,000,000US of reserves for Euros?

However, there is a bright side - a weak dollar makes it more difficult to carry out war.

On the dark side - we may actually need to someday.

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...the government...is caving in...with their specious arguments couched in the...language of civil rights law, and that the churches ... likewise crumbling to...rhetoric which is nothing but heretical sophistry -- ~F Phelps
Platitudes like the one you offer are no different - and no less incorrect - than the jackass part-time Christian who says, "I'm going to heaven because I'm nice to people." It so misses the point.~Impugn

The US travel industry has never recovered from 911 and our paranoid security measures which are ineffective and very inconvenient for international travelers.

As for trade, we're a net importer of most all goods and services so all a beat up USD means is higher expense of imported goods to consumers trapped by stagnant wages and rampant energy/food inflation.

Ironically, an increase in the jobless rate tends to carry quite a hammer when the feds are trying to stimulate the economy, American's have reached their credit limit, and banks are foreclosing on all those crazy ass mortgages.

Why, why, why would there be such a huge emphasis on buying if the economy were all rosy? Huh?

You think those mortgages were written in all honesty, with no knowledge of the consequences? Pffffftttt. Please. The feds lowered the rate to stimulate the economy and turned a blind eye.

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...the government...is caving in...with their specious arguments couched in the...language of civil rights law, and that the churches ... likewise crumbling to...rhetoric which is nothing but heretical sophistry -- ~F Phelps
Platitudes like the one you offer are no different - and no less incorrect - than the jackass part-time Christian who says, "I'm going to heaven because I'm nice to people." It so misses the point.~Impugn

As of July 2007, foreign reserves in USD were $6.2T. That's 50% of our cooked, annual GDP. China alone has $1.5T. Let's not forget the Euro is only eight years old and becoming a highly desirable currency due to the mix of economies behind it. In the last 52-weeks alone it gained 17.4% on the USD.

Combine the Iraq fiasco for election purposes with the real estate equity bubble for economic expansion based on debt for a concise description of US leadership capability. Morally corrupt in every aspect.

One must view aLL 'Official' Job Stats with 2 facts in mind:

1. 169,000 fulltime jobs per month are required just to accomodate first-time job seekers.

2. The 'Official' Employment Report the Labor Dept gives to the corporate media does not distinguish full-time from part-time jobs, not does it account for first-time job seekers who cannot find employment.

As I recall, that's the statistical reporting, including those who fell off the rolls, that changed under the Reagan administration. 9% unemployment didn't pacify the masses.

While we're at it, we should also note that 4 million current job openings.

__________________
http://www.fairtax.org

Elminate all taxes on income and replace with a national sales tax.

'We are losing jobs in Engineering, factories, and Accounting, and gaining them in bars and restaurants.'-

Challenger, Gray, and Christmas- 2006.

Hasn't changed.

Except its only half the info. We are gaining jobs in healthcare too. ANd mining, some in computers, trade, insurance, consulting, education.

__________________
http://www.fairtax.org

Elminate all taxes on income and replace with a national sales tax.

'Health Care' does NOT equate to RN's or Doctors; to the contrary they are going overseas.

It refers to $8.00/hr CNAs.

Mining is cyclical.

Computers!?

Hello India.

As for 'Education', that is dependent upon government spending, and you know how Domestic spending has fared during the 'War on Terrorism.'?

Some people are locked into government reporting mentality. Any 'new' job is applauded as positive economic progress, even if it's a $8/hr CNA position replacing a $16/hr assembly job.

Due to the rapidly aging US population and decrease in standard of living for the lower economic tier, health care labor requirements are exploding with demand far exceeding supply of CNAs, RNs and such. The downside is that a majority of those new positions will be ultimately dependent on public funding to care for the aging and disadvantaged.

Food service positions are expanding due to number of meals taken outside the home being at the point of exceeding the number of meals taken in the home. In most cases food service offers low compensation and limited or no benefits, pushing even more of the work force into the lower economic tier and reliance on public services.

The government any new job is good news fanfare is illusionary.

Unfortunately true.

And since the corporations who control what news we see and how we see it has a vested interest in keeping everyone in the womb of false prosperity, it's pretty easy to see why the majority don't question the info.

Yet, to their credit, they don't believe it.

As I heard a CNBC (unaccountably, one of the best (keep in mind ALL are lousy) corporate sources') pundit define it:

'They [the public] have been told all is good. They don't believe it. It's like being told 'Who do you believe me, or your own eyes?'

The facts are the facts. All I did was complete the numbers that you referred to.

__________________
http://www.fairtax.org

Elminate all taxes on income and replace with a national sales tax.