The re-election of Obama plan would be devaluation of the dollar?

Will be President Obama be re-elected in 2012, if his party suffered a crushing defeat at mid-term? His political team likes to point to the example of Ronald Reagan. Congressional Republicans were repressed in divide in 1982, but the worse crossed victory in two years later.

Of course, "Morning in America" scenario is based on a rapid economic recovery.Unemployment fell by 10.8% in November 1982 at 7.2% in November 1984.La GDP growth was 4.5 percent in 1983 and 7.2 per cent in 1984.

But most economic forecasts provide such growth in the near future of America.More likely is the trend growth - about 3 per cent or step - with unemployment still 8% at the end of 2012.Au better, these figures suggest a very close contest the présidentiel.Et polls show that the President will have a difficult time still win these wealthy States electoral-vote in Ohio, Michigan, Florida, Indiana, Pennsylvania, Wisconsin, and North Carolina.

Obama could try to emulate Reagan by offering a massive tax cuts, but that seems unlikely given belief that America is undertaxed now administration.

But there is another way, although it is extremely risqué.Une history of Bloomberg, with a simulation run by macroeconomic advisers predicts a decline of 10% of the dollar in the first six months of next year would do the following:

1 Gross domestic product increase more than database company focused on St. Louis forecast for the next year, 4.8% by 1.1 percentage point.

2. In 2012 the growth of 5.7 per cent exceeds baseline provides 1.3 percentage points.

3 Unemployment will fall to 7% at the end of 2012, 1.4 points lower than forecast company database.

There you go, Morning in America II, through the weakness of the dollar - except of course the dollar began to plunge out of control, stimulate inflation and creating a panic.

The Secretary of the Treasury Timothy Geithner, said that he supports a strong - dollar - even if he wants to weaken vs yuan, but the White House political team shared this point of view? and what Ben Bernanke? here are some interesting recent history of Reuters:

While US Secretary of the Treasury Timothy Geithner said that the United States supported a strong at the g-20 dollar meeting, there were a few takers for this."It is one thing for the Treasury to say that, but then the"Fed holds all ammunition and when it is set to print more"silver, the dollar will remain a currency weakened," said JaneFoley, superior to currency strategist Rabobank.

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