If GW doesn’t the the trade deficit and other factors under control soon my European Ph.d. plans are going to end up costing me a lot more than I care to think about. When we visited Ireland in summer of 2002, the exchange rate was about $.94 per Euro; it’s now $1.35. [ via Curry.com ]
P.S. Yes, I know the British still use pounds and not the Euro, but the picture is just as ugly there, over $1.90 to the British pound. Ouch.