Great piece in today's Times about the economy, especially if you want to know the basics about economics. Here was my favorite part.
Oh, and about the dollar. Finally, the president’s economists will need to answer his question about the dollar. Here’s the simple version: The value of the dollar in foreign-exchange markets is just a price. Like other prices, whenever it changes, some people gain, and others lose. It is not useful to think of a stronger or a weaker dollar as either good or bad. One has to look at the situation at hand and the underlying drivers of the change.
Yep. I've heard so many arguments over the years for both strong and weak dollars that it gets frustrating after a while. This sums one simple paragraph sums up why it should be analyzed as such.