From: Gary Britt 

Americans wealth continues to be the best in the world.  We have the
highest disposable income in the world.  The dollar going lower is just the
market mechanism for balancing trade.  We give the world pieces of paper
and they give us *real* stuff.

For France, its the socialist policies that give them their problems.  To
the extent Sarkozy can bring the country back to a more market based free
enterprise system the better it is for the world and the USA.

What's good for the USA *IS* good for the world.  That's why there is so
much envy and jealousy of others about the USA.

Gary

Don Hills wrote:
> In article ,
> Gary Britt  wrote:
>> Gee, Adam and Phil, France elects a pro-American, Pro-Bush conservative
>> government.  At least some of the froggys remember which side their bread is
>> buttered on.
>
> It'll be interesting to see if he keeps to the promise he made yesterday -
> he'll be an ally of the US provided that the US stops backing away from its
> obligations on global warming issues, including Kyoto. He's also strongly
> anti-Iraq war, so don't expect any improvement in that area.
>
> The general opinion of those who make a living from political analysis seems
> to be that while he's more pro-American than Chirac, he's also more
> determined to be effective. He was elected because the French people want
> a strong leader to sort out the mess(es) they are in, and he knows if he
> doesn't deliver he'll be in deep trouble. So if he has to choose between
> what's good for France and what's good for the US, it'll be no contest.
>
> Meanwhile, the dollar keeps dropping as investors continue to shift their
> attentions to other economies. It's only your services sector that's keeping
> you afloat for the moment, but it's leaking to other countries with lower
> costs just like your manufacturing sector did.
>

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