Wednesday, July 02, 2008
The last thing he said is right
The value of $1 in terms of euro over the last 5 years.
George Bush --
Yes. Well, we're strong-dollar people in this administration and have always been for a strong dollar, and believe that the relative strengths of our economy will reflect that.
UPDATE: Bush's handlers seem to love this logic. Here he is today in Japan --
In terms of the dollar, the United States strongly believes -- believes in a strong dollar policy and believes that our -- the strength of our economy will be reflected in the dollar.
Q -- (inaudible) --
PRESIDENT BUSH: No, I just said the relative strength of our economy will be reflected in currencies.