Blogs > HNN > WEAK DOLLAR WILL ALIENATE ELITE OBAMA SUPPORTERS

Oct 8, 2009 1:16 pm


WEAK DOLLAR WILL ALIENATE ELITE OBAMA SUPPORTERS



What high unemployment failed to do, a weak dollar will. As I have noted, unemployment has not seriously affected the educated elite. The rising stock market quieted their 401k fears.

But the weak dollar is going to hit them hard, as they (especially the young and the retired) travel and a weak dollar is immediately noticeable. So, expect howls from previous Obama supporters.




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