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Exports drop in October by biggest margin in almost four years
Hotair ^

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 haven’t seen much evidence for that argument. Today’s report from Commerce on the trade deficit certainly doesn’t 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:


TOPICS: News/Current Events
KEYWORDS: exports; obamalies; usexports
Forward!
1 posted on 12/11/2012 8:31:14 AM PST by chessplayer
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To: chessplayer

Thank goodness the economy is turning around. Economic recovery drinks on the house for everyone!


2 posted on 12/11/2012 8:46:28 AM PST by Enterprise ("Those who can make you believe absurdities can make you commit atrocities." Voltaire)
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To: Enterprise

Worth repeating;

“and the trade gap with China widened to a new record:”


3 posted on 12/11/2012 8:48:56 AM PST by Cringing Negativism Network
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Comment #4 Removed by Moderator

To: chessplayer
And...you ain't seen nothing, yet.

(Sad to predict.)

.

5 posted on 12/11/2012 9:15:19 AM PST by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
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To: chessplayer

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.


6 posted on 12/11/2012 9:20:52 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: chessplayer

Do the export numbers include the fighter planes we gave to Egypt?


7 posted on 12/11/2012 9:25:30 AM PST by ExxonPatrolUs (The Ameritopian Motto: Gov The Sheeple, Buy The Sheeple, Bore The Sheeple)
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To: chessplayer
exports dropped in October by the biggest margin since Obama took office,

US Exports of Goods Chart

US Exports of Goods data by YCharts

8 posted on 12/11/2012 9:41:41 AM PST by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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