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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (2330)9/11/2008 7:30:18 PM
From: RetiredNow  Read Replies (1) | Respond to of 86356
 
What part of it is untrue? Are you denying that we have a deficit? Or my exaggeration that all of it is coming from our trade deficit with China?

I'll clarify the second half of my statement with facts. In July, our trade deficit surged to $62B. Of that, $24B was due to our trade deficit with China.

As far as our debt, it increased $118B in the month of July 2008. So half was due to interest and half due to our trade deficit.

Here are some graphs to tell you exactly what the Republicans are doing to this country's economy.