I finally got around to reading that
Forbes article that someone posted a few pages ago, and these paragraphs have no basis in sound economic theory, or, indeed, in reality:
The second paragraph is ridiculous. Capital gains have been the same since early in Bush's first term. They were much higher when we had the longest run of sustained growth in American history. Where would this guy want to see the capital gains rate set? 10%? 5%? Zero?
As for currencies, we're stronger against the pound and the euro than we were under most (or perhaps all) of Bush's presidency. We're weaker against the yen, but so is everyone. We're slightly weaker against the yuan, but that's a good thing. And our inflation is minimal.
This guy is an economic dunce.