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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
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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.)
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To: milwguy

btt


3 posted on 08/11/2011 7:56:33 AM PDT by expatguy (The Expat Needs Beer Money - Cough Up!)
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To: milwguy
U.S. June trade gap widens unexpectedly

Drink.

4 posted on 08/11/2011 7:57:59 AM PDT by dirtboy
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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?)
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To: milwguy

Why is this bad economic news always unexpected?


8 posted on 08/11/2011 8:04:22 AM PDT by mortal19440
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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)
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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)
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To: milwguy

good thing Obama promised to get us out of NAFTA /sarc


13 posted on 08/11/2011 8:09:12 AM PDT by Buckeye McFrog
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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))
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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)
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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.)
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To: milwguy

It’s Another Unexpected Thursday....


31 posted on 08/11/2011 8:50:00 AM PDT by dfwgator
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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
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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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