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Bush's Weak Dollar
Publication Date: May 2008
Publisher(s): Center for American Progress
Author(s): Scott Lilly
Funder(s): Center for American Progress
Funder(s): Center for American Progress
Topic: Economics (Economic conditions)
Type: Report
Abstract:
America’s working families have been squeezed for most of this decade by stagnant wages and diminishing health and retirement benefits. Now they face new economic pressures from rising gasoline, food, heating, and electricity prices. A portion of those higher costs are directly attributable to the weakening of the dollar and the economic policies that have produced a weak dollar.