Even if the dollar does decline during the coming months, the delays in the response of exports and imports to the more competitive dollar will mean that the increase in aggregate demand from this source may not happen for a year or more.
“This might be the first generation where kids are dying at a younger age than their parents and it's related primarily to the obesity problem.”
“Here I am at the turn of the millennium and I'm still the last man to have walked on the moon, somewhat disappointing. It says more about what we have not done than about what we have done.”