What is president Bush doing to help the falling dollar?

Well, to be honest, the President has only a small impact on fixing that issue. The government as a whole is the one that is largely to blame. Democrats and Republicans are BOTH responsible for excessive spending...though Bush's war certainly isn't helping. In 1992, when Bush, Clinton and Perot were running for office, the major issue was how each candidate would spend the pending surplus. Clinton won, and spent the hell out of the money and gut the hell out of the intelligence and military sector.

By 1998, the US economy was starting to feel the hurt from the diminishing surplus and the USD started to lose its strength. Since 1999/2000 the USD has fallen about 36% by the end of 07. Now it has experienced a brief 4% climb, but I think we are merely bouncing at the bottom.

In order to shore up the dollar we need to fix those things that reduce it. Americans MUST be buying more American made products. Americans MUST be saving more (we presently have a negative savings rate!). The Fed needs to increase the Fed Funds rate, thereby decreasing the supply of money. Commodities throughout the world (like oil, gold, etc) need to be broken from their USD peg and adjusted to a basket of currencies in order to relieve pressure on the USD. The goverment must end its excessive spending spree, to include a viable, cost-effective solution to Iraq (or else the economics of the situation will force us to a resolution whether we like it or not). This will invariably mean an increase in taxes.

And listening to these politicians talk about their prospective presidency, we are not going to see a reprieve on the economy or the gas prices. Problem is, we need to kill off the 35000+ lobbyists in D.C and we need to get statesmen and stateswomen in DC, not politicians.

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Actually the Questioner is correct. Gas prices are so high BECAUSE the dollar is so low. There is a commodity bubble forming which isn't only including Oil, gold is high too. As risk aversion increases in the market and the dollar loses its value, investors are putting their money in perceived safe houses...commodities. This speculation is pushing the Oil up. Moreover, Oil is traded internationally in USDs. That means that the USD's value directly impacts the value of Oil.

So the question posed is not two separate issues!

Here in Korea the price of more than $5.00 per gallon. You have it easy.

Aside from that - Bush is doing nothing to help and much to weaken the $. The national debt is increasing, the real estate market is in terrible straits, the balance of trade is way out of limits, oil prices have increased beyond all reason because of the weak US $. Unemployment will bring greater trouble. The costs of the collapsing environment is increasing as a result of failed crops, storm damage, and other factors.

Bush has dome more damage to the economy than any president for a long time. With his policies intact for another year things can only get worse and it will be at least another 4 years for the effects of his policies to be reduced or eliminated.

OMG!!!! No offence, but you americans think you have it bad!!!! Try living in the UK!

$3.50 a gallon lmao!!! in the uk its about $10 per gallon (£5) and thats no joke. You think that its gonna be cheaper any time soon..... i think not, Remeber there is only a limited supply of fossil fuels and that is depleting fast. Less supply = More $$$. so build a bridge and get over it lol!

And we get taxed to the hilt! Think about getting a smaller sized car, and stop polluting the atmosphere.

Nuff said.

Staying the course in Iraq at the tune of about 3 billion a month, with no end in sight.

Six months from now $3.50 a gal will be cheap.

"In 1992, when Bush, Clinton and Perot were running for office, the major issue was how each candidate would spend the pending surplus. Clinton won, and spent the hell out of the money and gut the hell out of the intelligence and military sector."

Clinton MADE the surplus. Please get that straight. At the time there was no impending surplus, we were in a recession.

Is Bush helping the falling dollar? Of course he is. He's adding more and more weight to see if he can get it to fall faster.

your talking different problems....

The dollar is weak because the world has no confidence in USA...............3 trillion war debt....

The oil price has two (or more) reasone....The war tak(Iraq invasion) has increased prices by 40% and demand by countries like hina(an emirging replacement to us as the worlds power).......

GW is an oil guy, all hisfriends are oil guys(anything that can be taken out of the earth and sold(a simple business)....

so his buds are making money so he don;t care

Last time I gassed up in Maryland, it was around $3.35 a gallon. Makes me feel old, but I can remember when it was about $1.15. Good times.

he is putting them in his pocket as they fall, thats what he is doing.