Comments on: US Exports: the key to job creation? Obama thinks so… http://welkerswikinomics.com/blog/2010/02/05/us-exports-the-key-to-job-creation-obama-thinks-so/ for students and teachers of Economics Wed, 08 Feb 2012 23:39:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Manuel http://welkerswikinomics.com/blog/2010/02/05/us-exports-the-key-to-job-creation-obama-thinks-so/comment-page-1/#comment-10735 Manuel Wed, 05 May 2010 00:00:07 +0000 http://welkerswikinomics.com/blog/?p=1513#comment-10735 I agree with president Obama, but it may not be the key factor in creating jobs. With unemployment still close to 10 percent, trading oversea may increase our GDP, but we need to focus on crreating jobs here in the U.S. Perhaps by using more aggressive goverment fiscal policy. I agree with president Obama, but it may not be the key factor in creating jobs. With unemployment still close to 10 percent, trading oversea may increase our GDP, but we need to focus on crreating jobs here in the U.S. Perhaps by using more aggressive goverment fiscal policy.

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]]> By: Yadira http://welkerswikinomics.com/blog/2010/02/05/us-exports-the-key-to-job-creation-obama-thinks-so/comment-page-1/#comment-10532 Yadira Tue, 13 Apr 2010 20:16:17 +0000 http://welkerswikinomics.com/blog/?p=1513#comment-10532 Has any other president in the United States tried to promote more exporting to fix the economy? If they did, did it have positive outcomes? Will the employment of more people by exporting be a greter increase than the decrease of people that would lose their jobs over seas? Has any other president in the United States tried to promote more exporting to fix the economy? If they did, did it have positive outcomes? Will the employment of more people by exporting be a greter increase than the decrease of people that would lose their jobs over seas?

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]]> By: Bjorn Kvaale http://welkerswikinomics.com/blog/2010/02/05/us-exports-the-key-to-job-creation-obama-thinks-so/comment-page-1/#comment-10258 Bjorn Kvaale Tue, 23 Feb 2010 22:48:52 +0000 http://welkerswikinomics.com/blog/?p=1513#comment-10258 China can manipulate the value of its currency by making it weak, which helps China because it exports more goods due to the weak currency. It can do this by printing more Chinese RMB, thereby weakening the currency. USA, on the other hand, wants China to strengthen its currency, so the US currency is cheaper in comparison to now, so more Chinese will buy US goods. This would strengthen US exports. More free trade agreements with countries like Panama and South Korea could create jobs in the long run because USA can outsource many jobs to these countries and create more jobs that required university degrees. This way, Panama and South Korea are better off because more people are employed, and USA is better off because it can be more productive with these new jobs. China can manipulate the value of its currency by making it weak, which helps China because it exports more goods due to the weak currency. It can do this by printing more Chinese RMB, thereby weakening the currency. USA, on the other hand, wants China to strengthen its currency, so the US currency is cheaper in comparison to now, so more Chinese will buy US goods. This would strengthen US exports.

More free trade agreements with countries like Panama and South Korea could create jobs in the long run because USA can outsource many jobs to these countries and create more jobs that required university degrees. This way, Panama and South Korea are better off because more people are employed, and USA is better off because it can be more productive with these new jobs.

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