How not to run a country

You’re not imagining things, the economy really does suck. The U.S. trade deficit swelled larger than expected last month, setting a new record in the amount of money we owe other countries. Even though we also managed to export a record $100.5 billion in crap, the deficit rose to $61 billion.
Basically China is kicking our asses, with imports to that country at the lowest level since last June, while clothing and textile imports grew 62.4%. All of which is causing financial analysts to lower their economic growth estimates as the value of the dollar continues to sink and the stock market starts teetering to the signs of inflation that are suddenly everywhere.
But don’t worry, I’m sure the President has it all well under control.

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