Obama has been touting exports as a way to grow our economy and create jobs. As the June numbers show clearly, the world economy is slowing, and in particular our exports are slowing even in the face a a hugely devalued US $.
The stock market is already anticipating another recession, and Europe will be the catalyst for another financial crisis, this time with both banks and gov't debt involved.
1 posted on
08/11/2011 7:54:05 AM PDT by
milwguy
To: milwguy
The only thing we are exporting are jobs and factories. Since we are becoming more service based all the time, I wonder at the value of this stat anyway.
2 posted on
08/11/2011 7:55:52 AM PDT by
DonaldC
(A nation cannot stand in the absence of religious principle.)
To: milwguy
3 posted on
08/11/2011 7:56:33 AM PDT by
expatguy
(The Expat Needs Beer Money - Cough Up!)
To: milwguy
U.S. June trade gap widens unexpectedlyDrink.
4 posted on
08/11/2011 7:57:59 AM PDT by
dirtboy
After 42 Days FR Is Still Short Of Its Goal
If Free Republic Ends We Lose
And This Man Wins
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5 posted on
08/11/2011 7:58:01 AM PDT by
DJ MacWoW
(America! The wolves are here! What will you do?)
To: milwguy
Why is this bad economic news always unexpected?
To: milwguy
"Unexpected."
9 posted on
08/11/2011 8:05:32 AM PDT by
AAABEST
(Et lux in tenebris lucet: et tenebrae eam non comprehenderunt)
To: milwguy
It is easy to LIE and MANIPULATE unemployment numbers and jobless claims... we all know that our government can't be trusted... we know that every facet of our government has grown corrupt and self serving and can no longer be trusted over anything... so how bad are he real numbers if these numbers that they allow to be published are horrible?
LLS
11 posted on
08/11/2011 8:08:06 AM PDT by
LibLieSlayer
(Certified Al Palin Hobbit Terrorist)
To: milwguy
good thing Obama promised to get us out of NAFTA /sarc
To: milwguy
Sigh. “Unexpectedly.” Are these people never embarrassed by writing this $h@t?
16 posted on
08/11/2011 8:19:34 AM PDT by
LS
("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
To: milwguy
20 posted on
08/11/2011 8:34:15 AM PDT by
Iron Munro
(One Trillion seconds = 31,709.79 YEARS / One Trillion dollars = Obama's small change)
To: milwguy
how bad does it hafta get before the liberals dump obama?
23 posted on
08/11/2011 8:43:53 AM PDT by
ken21
(ruling class dem + rino progressives -- destroying america for 150 years.)
To: milwguy
It’s Another Unexpected Thursday....
31 posted on
08/11/2011 8:50:00 AM PDT by
dfwgator
To: milwguy
Europe will be the catalyst for another financial crisis, this time with both banks and gov't debt involved. Yep..and coming faster than most think. This will impact the US also greater then most think. Those working the strings behind the scenes, on the International Scene, are moving right along for a one world monitary system...which cannot be unless the current one is destroyed.
33 posted on
08/11/2011 8:53:54 AM PDT by
caww
To: milwguy
So much for the weak dollar increasing exports.
37 posted on
08/11/2011 10:00:11 AM PDT by
grumpygresh
(Democrats delenda est)
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