Posted on 12/11/2012 8:31:09 AM PST by chessplayer
The private sector is doing fine, Barack Obama assured us in June, but we havent seen much evidence for that argument. Todays report from Commerce on the trade deficit certainly doesnt provide any reassurance for that claim. In fact, exports dropped in October by the biggest margin since Obama took office, and the trade gap with China widened to a new record:
Thank goodness the economy is turning around. Economic recovery drinks on the house for everyone!
Worth repeating;
“and the trade gap with China widened to a new record:”
(Sad to predict.)
.
Well look at it from Barry’s point of view. If you are trying to destroy the economy then the private sector is doing just fine.
Do the export numbers include the fighter planes we gave to Egypt?
US Exports of Goods data by YCharts
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