Matthew Yglesias · Wednesday, February 08, 2017, 2:56 pm
It’s complicated, but here’s the deal.
Here’s a quick answer to a question that’s been bothering Donald Trump: If you want to improve living standards for most Americans, a strong dollar is better. But if you want to deliver on your campaign promises to the Midwest, you probably want a weaker one.
A leak to S.V. Date and Christina Wilkie of the Huffington Post reveals that on one recent night, President Trump was up at 3 am and decided to call up National Security Advisor Michael Flynn to ask him about this.
Trump, they report, “was confused about the dollar: Was it a strong one that’s good for the economy? Or a weak one?”
Flynn reportedly “told Trump he didn’t know, that it wasn’t his area of expertise, that, perhaps, Trump should ask an economist instead.”
Then he seems to have told some other people about the call, two of whom told the Huffington Post about it. Date and Wilkie take the opportunity of the leak to look at the broader question of Trump’s temperament, his leaky White House staff, and his rough adjustment to life as president. What they don’t get into is the answer to Trump’s question, which is difficult.
Read more
http://www.vox.com/policy-and-politics/2017/2/8/14549380/donald-trump-strong-dollar
This blog will focus on political images I have found all around the Internet, though I will intersperse some commentary and quotes that I find interesting.
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