WaPo....Bush sends trade deficit through the roof 4th year straight --yawn

[Justice Is Comin]

Is there going to be anything left of this blessed country to salvage? We might as well start learning to speak Goddamn Chinese. :mad:


~clip~

Trade Gap Hits Record For 4th Year In a Row

By Paul Blustein
Washington Post Staff Writer
Saturday, February 11, 2006; Page A01

The U.S. trade deficit soared to a record in 2005 for the fourth year in a row, according to a government report released yesterday that provided a reminder of the dangers hovering over a generally robust economy.

The United States imported $725.8 billion more in goods and services than it exported last year, the Commerce Department said. That is up 17.5 percent from last year, and it is an all-time high not only in dollar terms but as a proportion of the economy; the figure is equal to 5.8 percent of gross domestic product.

For December alone, the trade gap increased to $65.7 billion from a revised $64.7 billion in November. That is the third-highest monthly deficit ever.


We need a smilie that has one hand on a head and the head just shaking.

We're going right down the crapper.....http://www.washingtonpost.com/wp-dyn/content/article/2006/02/10/AR2006021000531.html

[WearyOne2]

1. pity your debt-ridden grandchildren courtesy of the GOP

[depakid]

2. Sorry to say, but Bush and the Republicans aren't the only ones to blame

Blame (such as there is) for so called "free trade" policies- GATT, NAFTA, CAFTA and now the WTO- and the effects on the US's current accounts- lies on both sides of the aisle.

Wonder where that started?

Can you spell D-L-C

[opihimoimoi]

3. Most of the Blame goes to the Republicans.....their philosophy is such

that results in their getting rich at our expense...we are the pawns of Life and they the Rooks and Bishops