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Bush Economic Policy and Currency Decline

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The dollar has been getting weaker against other currencies ever since the Bush administration took office. The government did nothing to stem the decline. From the point of view of economic policy, what would you think was the reason?

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Solution Summary

The discussion describes the reason of the decline of the dollar against other currencies during the Bush administration. Bush economic cash and currency decline is determined.

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George W. Bush served as the 43rd President of the U.S. from January 20, 2001 - January 20, 2009.

Available data confirms that the dollar has been getting weaker against other currencies during the Bush years. Norris (2007) noted that "still, during the Bush administration, the dollar has fallen against each of the five currencies shown -- the euro, the yen, the British pound, the Australian dollar and the Canadian dollar."

According to Geier (2005), three things have come together to create this current dollar crisis: ...

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