The U.S. dollar, still the benchmark for world currency, has been declining in value the past several years. A detriment to U.S. consumers and U.S. companies that import products, the weakening dollar benefits some players in the global marketplace.

Current economic factors that may be signaling recessionary conditions in the U.S. economy and could undermine confidence of U.S. dollar-based assets include the downturn in housing, turbulence in the equity markets and job woes. Additional interest rate cuts by the U.S. Federal Reserve could further erode the return of investors as lower interest rates may produce additional inflationary pressures, lowering the dollar’s value. Also, continued budget and trade deficits tend to weaken the U.S. dollar.

The weak dollar is encouraging foreign manufacturers to set up factories in the U.S., bringing jobs and other economic benefits.

The U.S. has the biggest impact on the global economy and its monetary unit value, and fluctuation has the greatest effect relative to other currencies. The value affects company profits, budgeting and manufacturing costs. It has ramifications on capital investment, plant openings and closings. For example, some companies that have outsourced customer service and call centers to India have returned these centers to the U.S., since the weak dollar has eroded the cost benefits of operating overseas.

As you can see, International trade is detrimental to our domestic economy as it decreases the power of the dollar which in turn affects your ability to afford things at reasonable prices.

When factoring all this in to your dream of owning a home, Im sure you can see that asset purchases like a home can become out of reach for many.

The solution is for Americans to start consuming less and producing or rather innovating more.

Instead of spending $500 billion on developing an apocalyptic defense systems, money should be spend on providing access to education so we can 'create' value that others will have to depend on for sustenance thus creating jobs, strong industry, and a strong dollar.

Im sure you've been told what your grandfathers quarter could buy at the time…something to think about.

Good luck on your paper!

Your plan doesn't cost 1.3 trillion, as far as I can figure. Yours would be 1,300,000,000,000, which is only 1.3 billion dollars. You'd need three more zeroes to get it up to a trillion. Three more zeroes would give every American 10 million dollars, and THEN your plan would cost 1.3 trillion (-:.

Hey, I'll take 10 million dollars, too!

Edit: Hmmm. "Oviously" you are one of those poor children who had to learn their mathematics via the New Math system. And your spelling through the New English system, maybe?

Let me give you a brief refresher course:
100 equals one hundred
1,000 equals one thousand
1,000,000 equals one million
1,000,000,000 equals one billion (in the US way of counting)
1,000,000,000,000 equals one trillion (in the US way of counting)

Now, stick THAT in your calculator and see what you get.
1,300,000,000,000 divided by
130,000,000
leaves you 10,000,000.

Poor baby; get a job. You'll need it. I hear McDonald's is still hiring, but with your math skills, I wouldn't be so ambitious.

3. The USA is increasingly importing more food. The US dollar is diminishing in value and the worst effects of that haven’t been seen yet. So, that means the cost of food goes up! Haven’t you been shopping in the last few years? Plus food supply isn’t keeping up with population growth which will drive up demand! Get a clue!