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A dollar bet

October 14th, 2009

During the past several months, the dollar has experienced renewed decline against other major currencies and there’s plenty of talk about it.

Some economists, such as Nobel prize winner Paul Krugman, have argued that the weak dollar is a net benefit that is necessary to put the economy on track by making American exports cheaper abroad. Others have argued that a weak dollar leads to a loss of capital resulting in a net job loss. In addition, the falling dollar raised fears of inflation and the loss of the dollar’s world prominence.

Are you worried about inflation? Have you personally taken any steps protect yourself from it? Do you think that the American dollar will remain the world’s most important currency?

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Zeljka economics, employment, future, global issues, international

Unemployment Trouble for Dems

October 8th, 2009

When Barack Obama took office in January, Zogby Interactive polling found evidence that voters were willing to give him time to have a positive impact on the economy. Even now, the number of voters who blame the Bush administration for ongoing job losses is greater than those who believe the losses since January are Obama’s responsibility.

However, white middle-class voters are more likely than others to hold Obama responsible, and that spells potential trouble for Democrats in the 2010 Congressional election. Democrats and Republicans will strategize over the next 12 months about how to convince these voters that they will do a better job of providing job security.

Read John Zogby’s complete column at Forbes.com.

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Paul John Zogby, employment , , , ,