Obama is killing the value of the USD almost as quick as W was. Providing people at home with additional funds at the cost of a weaker dollar is going to prove to have negative consequences in the not so distant future. A weaker currency for an import nation is not a good thing.
I know there are those that believe we should export more and that Obama’s efforts will lead to greater exports. Both ideas are false. A strong dollar is good for American businesses, our banks, and consumers.