"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 4 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 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...
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This is actually a math question. #RealFact: Over the Long-Run, the GDP Growth Rate is roughly equal to Population Growth Rate PLUS Productivity Growth Rate. Before you say BS, consider this.From 1960 through 2016- GDP grew at a rate of 3.8%. - Population, on the other hand, grew at an...
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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.
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