A way to stimulate the USA economy is to lower the value of the USA dollar. We had that for a few years in the past decade, but not long enough.
The folks on the cosasts went into a panic, stock market fell, the dollar value fell. And the govt did everything it could to turn that around, prop up the stock market, make the dollar very strong again....
But with a low dollar value, we were able to export a lot of raw materials at a very nice profit (grains, lumber, ethanol, even fuels from crude). Given more time, we were able to export manufactured goods and compete with China, Mexico, etc and actually improve our balance of trade. As well manufacturers could make stuff in the USA and sell here, competitively with imported goods.
But it did not last long enough to get our exports and our manufacturing up to speed for long term.
The big investment and insurance companies won, and we have returned to a strong USA dollar and poor manufacturing envioronment.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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