"Exports from the U.S. climbed to a record in September, contributing to an unexpected decline in the trade deficit that gave the world’s largest economy a boost at the end of the third quarter. "
http://www.bloomberg.com/news/2012-11-0 … ports.html
And we are only hearing about this NOW, days AFTER November 6th, because????
Well, the article only came out yesterday. But, this is an effect of a weaker dollar. It makes US goods more competitive but hurts us consumers when coupled with the massive speculation that is allowed. Although Obama put a lid on that speculation, and should continue to do so.
by My Esoteric 6 years ago
Who has done better in economic growth, Bush II or Obama? Think carefully before answering.Using 4th Q 2009 through 1st Q 2012 GDP figures, after things stabilized somewhat from the debacle of the 2008 recessions, as a baseline for Obama, and comparing to the 6 similarly long periods from...
by My Esoteric 3 months ago
I was working on a different hub and in the process developed the following statistics about GDP growth throughout American history. Since George Washington, whose economic philosophy somewhat resembled those of today's liberals, there have been:- 10 periods where administrations who favored...
by Texasbeta 7 years ago
Every day I hear someone talking about how bad the economy is...most of the time, from someone who hasn't a clue as to even basic economics. SO...let's find some viable charts and take a look for ourselves. http://dallasfed.org/data/data/us-charts.pdfTake a gander and let me know your thoughts.
by Susan Reid 7 years ago
Not content with the havoc he has caused on the US economy -- as evidenced by rampant unemployment and last week's Wall Street plunge -- Barrack Hussein Obama is now exacting his evil socialist vengeance across Europe. Look out Asia. He's coming for you next!He will not rest until capitalism is...
by Susan Reid 6 years ago
Well duh!No wonder Romney's focusing so much on his Bain experience!His job creation record as governor of Massachusetts is not exactly impressive.47th out of 50 states on his watch.Wow.And we want this man as our national economic-commander-in-chief because....???From...
by rhamson 3 years ago
Two trains of thought are being bantered back and forth. Does a raising of the minimum wage create job loss and lower profits and more unemployment or does it increase disposable income thereby jump starting the economy and increasing hiring?
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