There are two objections to that argument.

Such is the supposedly airtight case for a stronger dollar. How might it spring a leak?

This seems like a sound argument.

But this argument no longer seems convincing.

Advocates of this argument propose a different model.

That seems right.

That's the argument I want to make tonight.

This argument has a long history.

The argument is almost entirely wrong.

Today, that argument makes little sense.

And for the most part try to stop them from making this argument.

This argument clearly is no longer tenable.

That case is not yet proven.

The record bears this out.

But this argument neglects an important point.

There is something clearly wrong with that argument.

Nothing could be further from the truth.

This last argument can be used to justify any policy.

What is actually happening in Syria refutes this argument.

That is the argument of my new book, The Future of Power.

Such an argument is not difficult to make.

That reasoning is familiar, but is it correct?

Making a compelling case would have required Greece to get serious about those reforms.

Many economists have argued this case on the basis of arithmetic calculation.

McCulloch s parrot would call this conclusive.

On this narrow point, they might be right.

That argument is debatable and the record of the Kosovar government suggests that it is wrong.

But this argument is flawed because of two distinct facts.

The impact assessment commissioned by the Dutch government supported this argument.

Again, it is hard to find strong empirical support for that argument.

The argument six months ago in favor of those bonds seemed nearly airtight.

It is most often lauded for supplying new jobs.

But the evidence that Anderson, Gentile, and Buckley provide has weakened that defense.

This argument is not very convincing, at least when applied to Europe.

But investors should be wary of this argument.

But this argument is clearly losing the battle for hearts and minds.

But if one takes a closer look at China, this argument disintegrates.

When I was a regulator, I would certainly have denied it.

This argument is strange because it gets the economics of the situation backward.

And same argument.

Germans certainly use this argument to stay out of the action wherever possible.

That case is strongest if the spending reductions are large and abrupt in a weak economy.

Moreover, during the upcoming G 8 summit, Hollande will enjoy the support of the United States, which worries that deflation in Europe would slow its own economic recovery.

America s consensus oriented president needs to make that case.

With most of the country now ablaze, this argument is less convincing.