In the same survey discussed in the previous post , only 5.9 percent The Wall Street Journal's panel of experts felt that a declining value of the dollar would be The Next Big (Bad) Thing. The Journal's own editorial page (on November 11) begged to differ --
Sorry to interrupt the current White House euphoria, but someone ought to mention that the Great American middle class didn't re-elect President Bush so he could debase the currency.
-- but perhaps the case could be made that, just because something major is cooking in the economic environment, that does not necessarily mean the government can, or should, be doing anything about it.
Maybe that's why ZERO PERCENT (!!) of the economists surveyed cited accelerating oil prices as a primary concern. They certainly couldn't have been thinking about this.