What is the reason the dallor is weak?

Question

Is it the because of the economy. OR what

Answer 1

Oil and mostly speculators are killing it.

Answer 2

Because some idiot thought it was okay to cut taxes and increase debt. In short the government doesn't pay for itself.

Governments don't really  make money they collect it. So now you've a huge debt, on top of a housing crisis, on top of a credit crunch, on top of a recession. Taxes pays for running your country and paying your debts, if you take in less and borrow more, well people ain't gonna trust your currency as much.  

Answer 3

*Dollar

It's not actually weak, the economy is really on fire.

Bigger Debt-More people working-better economy.

People wouldn't really lie on their asses during this.

I honestly don't understand the hate on George.

Considering most of the people insulting him are idiots, democrats, or children, you can't really believe them.

I heard some lady on a talk show saying that George Bush was secretly hiding aliens to blow up Obama and that her was secretly a terrorist and something about tacos.

Seriously.

Answer 4

Well, if an economy falls, so will that nation's dollar. Our economy is weakening, mainly due to oil prices.

Answer 5

Hotep,

How can the US have a strong currency when they are 10 trillion dollars in debt.  The only president in the last 50 years to balance the budget was Clinton...you saw the thanks he got for that.  Meanwhile, this current administration has creating the largest deficit of any administration.  Bush is quoted as saying, "Reagan proved deficits don't matter".  Will someone please explain to me how this man got elected twice...there is a lot of drug use in this country.  The dollar is weakened even more by high oil prices.  Furthermore, this administration has done nothing to help a failing economy.  The most these geniuses could come up with is giving rebate checks; but that does nothing to help the economy.  Even more to the point, the checks only add to the deficit.  How about creating jobs.  Here is one, how about not giving companies tax breaks to move overseas; but what do I know.

Salaam, Shalom, Peace