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Jackson, Ryan[jackson.ryan@epa.gov] American Enterprise Institute Thur 8/24/2017 10:02:53 AM AEI Today: The dollar is in trouble
President Donald Trump seems to favor measuring his economic performance by the way in which the U.S. stock market is doing. However, a more revealing and less rosy measure of his economic performance might be coming from the currency markets.
AEl's daily publication of independent research, insightful analysis, and scholarly debate
Twenty20
The American dollar is in trouble
Desmond Lachm
News & World Report
President Trump is fond of measuring his economic performance by how the US stock market is doing. But a more revealing and less rosy measure of his progress might be coming from the currency markets. The dollar has lost as much as 10 percent of its value since the January 2017 inauguration. The recent decline is particularly troubling, as it comes at a time when two historically dollar-supportive
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factors are in play.
Some rare good news from the Middle East
Some of the best news to come from the Middle East in a long time is the recent and long-overdue improvement in relations...... between Iraq and Saudi Arabia. Washington has been trying in vain since 2003 to convince the Saudis that dissing Iraqis would drive the country's Shiites into the arms of the Iranians -- and its Sunnis into the arms of terrorist groups. But for the past 14 years, the kingdom has kept its distance, believing Iraq was already lost.
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America's private schools aren't what you think they are
When we hear the words "private schools," many of us think about tony suburban campuses speckled with lacrosse fields and tennis courts. Others think about single-sex Catholic schools run by the Christian Brothers or Sisters of St. Joseph. Neither of these images represents the diversity of the 34,576 private schools in our nation today. Perhaps most surprisingly, 30.2 percent of these schools were located in rural areas or small towns.
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Don't demonize immigrants, my fellow conservatives
The public face of the right wasn't always so hostile. Upon hearing that some Muslims felt intimidated by other Americans, President George W. Bush went to a mosque six days after 9/11 and said, "Those who feel like they can intimidate our fellow citizens to take out their anger don't represent the best of America. They represent the worst of
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humankind." This comment does not advocate policy by sentiment; it recognizes that the dignity of every person is a central concern of politics.
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