Bush Scandals List

50. Increase in the balance of trade deficit

US balance of trade deficit. This is a measure both of our general indebtedness and our competitiveness. In 2001 it was $385 billion. In 2006 it was $788 billion, a 105% increase. In 2007, it declined to $731 billion, a 90% increase. The deficit in goods (as opposed to services) accounts for almost all of this.

Comments are closed.