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Obamafail: Export Much? October 29, 2012

Posted by geoff in News.
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Last January the NYT was pumping up Obama’s economic performance by claiming that his 2010 promise to double exports in 5 years was on the mark:

Two years ago, President Obama popped a surprise into his State of the Union address: His administration would double American exports in five years, helping to create two million jobs.

Two years later, the administration is on track — for now — to meet its ambitious goal.

Weeellll, 10 months after that article, it appears that the administration is in a leetle trouble:

That last 18 months? That’s the part where exports only increased by 4.5%. And we had the same export level in October 2011 that we did last month – no progress at all.

Just another promise by a man who has no idea of what he’s promising.

Comments»

1. Obamafail: Manufacture Much? « Innocent Bystanders - October 31, 2012

[…] achieve. I talked about one a couple of days ago; his promise to double exports by the end of 2014. Not gonna happen, not that he has much to do with it […]

2. Obamafail: What if Things Go Right? « Innocent Bystanders - November 3, 2012

[…] already being overtaken by events. First there was his promise to double exports, which is looking very unrealistic, and then there was the promise to add a million manufacturing jobs by the end of his 2nd term. […]


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