Over at The White House blog today, Jared Bernstein excitably announces: So, You Want to Boost Exports? Have I Got a Program for You!
Basically, he’s got some new goodies in the oven having to do with tax credits for American exporters — stuff like that.
The dollar is rising today, as China signals its in no mood to strengthen the yuan.
And that’s why global multinationals like Caterpillar are getting whacked.
The showdown looms!