“US Treasury Secretary John Snow said the record US trade deficit was the result of strong economic growth and the United States outpacing the growth of other countries.”
“The trade gap reflects two things: that our economy is growing at a fast pace and we are growing faster than our trading partners,” Snow told reporters.
Where did Bush get this guy…a used car lot? It takes a huge lack of brains to turn to people and speak a bold faced lie like that. Joseph Goebbels (head of Hitler’s propaganda machine) would be proud.
“The Commerce Department estimated that US exports sank 2.3 percent in November, driving the US trade deficit to all-time high of 60.3 billion dollars.
While exports fell to a five-month low of 95.6 billion dollars, imports rose 1.3 percent to a record 155.8 billion as the bill for imported oil rose by 17.7 percent, or more than 2 billion dollars, to a record 14.2 billion.”
Yet this is what Snow[job] considers growth. I have noticed that many of the Treasury types have problems with decimal point placement and + and – signs. Figures.
Mal: Now all we need is a couple of patients.
Simon: Corpses, actually. For this to work River and I will have to be dead.
Jayne: Huh. I’m starting to like this plan.
-From the Firefly episode “Ariel”