When it comes to economic policy, a nation's currency is pretty much the ur-factor. But the political sharpies keep telling me that people don't care about the weak dollar, or at least that it doesn't have any legs as a political issue. I think they are dead wrong. People are beginning to understand how the anemic greenback is playing a role in high energy prices and inflation. Take a look at these poll results:
A Bloomberg/Los Angeles Times poll found that 76 percent of Americans think the government should do something to halt the falling dollar. Among those with incomes of $100,000 or more, 7 in 10 favored aiding the currency.... The U.S. currency has slumped 41 percent against the euro since 2002 and 13 percent in the past 12 months alone.