For at least three years, I’ve been arguing that one of the problems we have, in the larger economic scheme, is that the value of the dollar is too high. Yup–a high dollar basically helps American tourists traveling abroad (and I am sympathetic to that) and Wal-Mart (because a high dollar means, basically, that Wal-Mart’s "Made in China by slave labor" stuff comes here a lot cheaper).

   A friend just pointed out this fact. The high dollar basically subsidizes Japanese imported cars to the tune of as much as $6,000. So, you’d have to wonder: if the dollar was 30 percent lower, what would the car sales look like here?