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Doubling Exports, Obama-Style March 10, 2016

Posted by geoff in News.
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The Bureau of Economic Analysis (BEA) released their import/export data last week, including revision of the numbers for all of 2015. They made our illustrious president and his pledge to double exports look much, much worse:

ExportsRealityvsObamaMar2016

Exports today are lower than they’ve been in 4 years, and the decline seems to be accelerating.

But like his broken promises concerning green jobs, manufacturing jobs, and electric cars, the president doesn’t let it concern him. He’s fine with making up fibs about the health of the economy and the success of his policies.

I’d sure like some reporter to ask which policy it was that succeeded, and how it impacted the economy. But he’d probably just lie about it (again) and the reporter would nod her head worshipfully.

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