US trade deficit sets record again in ’06Hey, the Republicans must be proud of the only records they've been able to achieve during the six years they've dominated our government. FIVE YEARS IN A ROW OF RECORD TRADE DEFICITS!
WASHINGTON: The US trade deficit hit a fifth straight annual record in 2006, driven by a record oil import bill and a flood of goods from China, a government report showed on Tuesday.
The Commerce Department said the trade gap expanded by 6.5% last year to an all-time high of $763.6 billion, as a record imports swamped record exports. The House of Representatives Democratic leaders seized on the mammoth trade deficit to demand fundamental changes in the US trade policy...continued
Let's see, George W. Bush has given us 5 years of record budget deficits, 5 years of trade deficits, and borrowed more money than the previous 42 presidents combined, wasted a trillion dollars in war that wasn't necessary, and 5 years of stagnant wages and on and on. ...Yeah, Republicans sure know how to lead our nation's economy, don't they?
Pathetic!
