What do I know about Trade?
Not very much--unless you count the sting of my brother having traded our Johnny Unitas football card for a few Star Wars cards back when we were kids. Still, I was skeptical of the argument I've heard a few times that Greenspan/Bush are allowing the dollar to weaken on purpose, and should, to improve our trade deficit, since it makes it cheaper to buy US goods. Do I have a counter-argument? No. But I do have evidence. The dollar is still weakening. And the trade imbalance has never been worse than the stretch we're in.
So, what's the plan now?