"I'm not saying it will but it will be a first step in that direction. To restore the dollar it will take sacrifice on the part of America, the sacrifice which should have been made when we went to war(s) in Iraq and Afghanistan. Now we have dug a deep hole which will continue to weaken the dollar until we pay down some of the debt. Certainly though, making those tax cuts permanent as McBush wants to do will only further undermine confidence in the dollar and probably bankrupt the government as well as all of us."
Posted by danni
If he allowed them to expire in order to not have to borrow so much more money for other ventures, I would be more optimistic about it. But using it for new spending seems like we won't be seeing much in increased revenue; we'd be breaking even and still having to borrow.
I think to really see our dollar come back we'd be better served by both wrapping it up and Iraq/Afghanistan and NOT toying around with Iran, something which both parties are actively supporting (the Democrats much more subtle about it). That second part is why I cannot vote for McCain, because he sings and dances like a creepy leprechaun about bombing Iran, which is the opposite of what we should do.
"The United States has a standing agreement with Pakistan that CIA-operated Predator drones may strike Osama bin Laden's hide-out"