Wednesday, May 27, 2009

Heaven Forbid We Should Start Producing Goods!

May 27 Editorial Cartoon

It is no surprise that The Oklahoman Editorial folks are concerned that the dollar might lose some value. Recall during the Clinton years, it skyrocketed and the inflated dollar destroyed a number of manufacturing jobs in the States, as imports became very cheap.

Anyone who's brain works knows that China prefers our dollar to be inflated, so that we can afford to buy all of their crap. And if the dollar loses value, heaven forbid other countries will be able to afford our goods, and then people will be working in manufacturing jobs again making decent wages! That is something that elitists like The Oklahoman Editorial folks are horrified of, and for reasons that would take significant time to list.

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