Reply #8: Trickle-out - I hadn't heard that one.

[johnaries]

Obviously referring to out-sourcing of American jobs.

Bush tried to lower the trade imbalance by de-valuing the Dollar. It worked, but as usual Bush didn't consider other consequences. the de-valued Dollar is largely responsible for increased oil prices (along with speculation - yeah, investors have plenty of capital but instead of investing it in "new jobs" they are using it to speculate on oil. Take THAT, George Will) and a lot of the mess we're currently in.

A de-valued Dollar is one answer to illegal immigration, though. If the Peso is worth more than the Dollar, Mexicans will stop immigrating - legally or illegally.