Why does the US dollar remain weak?

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AndrewR

Lifer
Oct 9, 1999
11,157
0
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Originally posted by: Engineer
Originally posted by: Jamie571
It's not all bad, the manufacturing sector is really benefitting from it.


Yep, shipping jobs offshore at a breakneck pace (4 million jobs lost in the last 4 years).

Another 4,000 plus jobs in manufacturing lost in July (58,000 for the year) with no end in sight.

Oh, the horror -- the economy only added 207,000 jobs last month and almost 300,000 in the two previous months. You can't manufacture products in the US anymore because the wages are too high, unless you are manufacturing high tech items like aircraft. This throwback mentality regarding manufacturing always confounds me.