Natoma said:
Humus,
The decline in the dollar has certainly helped the profit margins of multi-nationals. However, it has also raised prices for consumers who gobble up imports. And believe you me, we americans love our imports.
Yes, but when the import prices goes up, the consumers are more likely to choose products from the domestic industry, which may boost its economy. For instance, instead of buying an european or japanese car the consumer may choose to buy an american car. Especially in a large country like the US should this be a visible effect since most kinds of products that are imported are also represented in the domestic industry.