Fortunately, they don't do three terms either. Surely there won't be a worse administration next time around. Surely there will be either a competent Republican or Democrat administation.

Please....

Trade gap narrows... sky is falling. Trade gap widens... sky is falling. Bottom line... sky is falling. We get it.

Today's FT is reporting that the Whitehouse has told Senators that the Chinese will revalue the RMB by September. This is unbelievable politics and shows a complete lack of knowledge in dealing with the Chinese and, indeed, a lack of respect.

Unfortunately, they are about to learn that the Chinese 'DO' do dissent!!

After a brief interregnum, I have no doubt that the Bush family will be back in charge. Depending on the date, it'll be either Jeb or P. The first will be just as bad to worse, and the latter will make Jorge look like George Washington.

The weak dollar last year had essentially no impact on US trade, so why should the strong dollar this year work? We have repeatedly seen that in the modern world moderate currency moves have little or no impact on trade.

It is really "...unclear whether the president can or cares to restrain spending"? It doesn't look unclear to me. Rather, it seems crystal clear President Bush's interest in cutting spending is about a -5 on a ten-point scale. He's never even vetoed an appropriations bill.

What effect will a nuclear war have on this free trade crap: the sky may be falling.

I dont care what they say about Bill Clinton, but 8 years of peace and prosperity says it all...