Thursday, March 3, 2011

THE REPUBLICAN FEDERAL BUDGET SPENDING CUTS POLICY MAY REVALUE THE USA DOLLAR PURCHASING POWER AND STRENGTHEN THE USA CURRENCY.

The Republican federal budget spending cuts policy aimed at debt payment estimated at the sum of over eleven trillion dollars and growing, along with the annual budget deficit reduction, although it has caused protest domestically, particularly in the Northern States of USA, it has been embraced by some European countries and supported by others internationally as the means that may curb the USA extravacancy, provide more value to the USA dollar purchasing power and strengthen the USA currency, inspite of the shrinking USA exports abroad, if the Republicans and the next USA governments succeed in the payment of their debt in just over the period of time of about twenty years.

Written by Godfrey Ohia.

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