Thanks: 
Likes: Originally Posted by FrohnB
Just because you refuse to admit trump inherited a growing economy doesn't mean he didn't. Your personal beliefs don't change the facts. Sorry dude.
Dislikes: 0
Just because you refuse to admit trump inherited a growing economy doesn't mean he didn't. Your personal beliefs don't change the facts. Sorry dude.
US Trade Deficit Hit All-Time High in Biden's First Full Month in Office
The U.S. trade deficit hit an all-time high in February as Americans bought more imported goods in President Joe Biden’s first month in office.
The trade deficit jumped 4.8 percent to $71.1 billion in February, according to a report released Wednesday from the Commerce Department.
The surge is a $3.3 billion increase from January’s deficit of $67.8 billion.
Steve Herman
@W7VOA
The US trade deficit in February surged to a record high, according to the latest @CommerceGov report. https://bea.gov/news/2021/us-i
The record comes after Americans received more stimulus checks from Biden’s $1.9 trillion COVID relief bill.
“Faster U.S. growth relative to the rest of the world has widened the trade deficit to a historic record,” economists Oren Klachkin and Gregory Daco of Oxford Economics said.
“The trade deficit is poised to widen as the U.S. recovery surges in the spring and summer.”
Although both imports and exports were down in February, imports were only down 0.7 percent and totaled $258.3 billion.
The import level is almost 5 percent above the levels it reached in 2020, and MarketWatch predicted import purchases could have been higher if not for a “logjam at American ports.”
“Cargo ships have been forced to anchor outside the Los Angeles and Long Beach ports, where about a third of goods imports come through, as the ports struggle to unload the incoming ships,” Jay Bryson, chief economist at Wells Fargo Securities in Charlotte, North Carolina, told Reuters.
The U.S. Department of Commerce also reported the trade deficit in China spiked to $30.3 billion.
U.S. exports, on the other hand, were down 2.6 percent and totaled $187.3 billion, still failing to reach the $208 billion achieved in February 2020.
The U.S. exported fewer planes, computer chips, cars and food in February, contributing to a $4.8 billion decrease to $131.1 billion.
“The collapse of global travel is a huge hit to U.S. services exports,” senior economist Bill Adams of PNC Financial Services told MarketWatch.
The U.S. also recorded a net petroleum deficit for the first time since December 2019, Reuters reported. This is due to Biden reducing oil production.
Whoop! There it is!
Biden Caves To World’s Leading State Sponsor Of Terrorism: Prepared To Lift Sanctions On Iran
As I said, On his knees, mouth agape, waiting to please the Ayatollah.
The news came as thousands of Iranian-American activists urged Biden to not ease sanctions on Iran.
The Biden Administration is repeating the mistakes of the Obama Administration,” Morrison said. “It’s making concessions to get nothing more than a meeting.
The Biden administration will remove sanctions against Iran’s supreme leader, terrorist entities, and illicit financial sector, to name a few.
Biden is bent over, with obama holding his cheeks apart, while the Ayatollah gleefully pounds away.
Omertà
A story reported by the Daily Wire.
Biden Caves To World’s Leading State Sponsor Of Terrorism: Prepared To Lift Sanctions On Iran | The Daily Wire
- Overall, we rate The Daily Wire borderline questionable and Right Biased based on story selection and editorial positions that align with the conservative right. We also rate them Mixed for factual reporting due to several failed fact checks. If the Daily Wire fails, another fact check will be moved to the Questionable list.
History
The Daily Wire is a politically conservative American news and opinion website founded in 2015 by conservative political commentator Ben Shapiro, who currently serves as Editor-in-Chief. Michael Knowles is managing editor, and Jeremy Boreing is Chief Operating Officer.
Funded by / Ownership
Forward Publishing LLC owns the Daily Wire. Forward Publishing is owned and managed by the billionaire Wilks Brothers who made their money through the fossil fuel industry with their company Frac Tech. The Wilks brothers are also a part of the extreme Christian right who interpret the bible literally. The website is funded through a subscription and advertising model.
Analysis / Bias
The Daily Wire presents news with a hyper-partisan conservative bias in reporting and wording. For example, headlines are usually sensational and utilize strong emotional language such as this: Democrats Boo God. Then They Quote The Bible To Attack Trump. Virtually every story favors the right and denigrates the left. However, the Daily Wire does not always report favorably on President Trump and his policies. When it comes to science, they often do not align with climate scientists’ consensus that humans are a significant factor in climate change.
So cnn . Msnbcpms . NYT. WaPo et al are the only acceptable news sites?A story reported by the Daily Wire.
Biden Caves To World’s Leading State Sponsor Of Terrorism: Prepared To Lift Sanctions On Iran | The Daily Wire
- Overall, we rate The Daily Wire borderline questionable and Right Biased based on story selection and editorial positions that align with the conservative right. We also rate them Mixed for factual reporting due to several failed fact checks. If the Daily Wire fails, another fact check will be moved to the Questionable list.
History
The Daily Wire is a politically conservative American news and opinion website founded in 2015 by conservative political commentator Ben Shapiro, who currently serves as Editor-in-Chief. Michael Knowles is managing editor, and Jeremy Boreing is Chief Operating Officer.
Funded by / Ownership
Forward Publishing LLC owns the Daily Wire. Forward Publishing is owned and managed by the billionaire Wilks Brothers who made their money through the fossil fuel industry with their company Frac Tech. The Wilks brothers are also a part of the extreme Christian right who interpret the bible literally. The website is funded through a subscription and advertising model.
Analysis / Bias
The Daily Wire presents news with a hyper-partisan conservative bias in reporting and wording. For example, headlines are usually sensational and utilize strong emotional language such as this: Democrats Boo God. Then They Quote The Bible To Attack Trump. Virtually every story favors the right and denigrates the left. However, the Daily Wire does not always report favorably on President Trump and his policies. When it comes to science, they often do not align with climate scientists’ consensus that humans are a significant factor in climate change.
COMON MAN
Sent from my SM-G960U using Tapatalk
You are free to post their reviews anytime. Expect the source of biased claims like the above to be shown for where they came from.
A rating scale that fails to base its ratings on quantifiable data is worthless. Van Zandt's ratings are worthless except to tell you his opinion.
Omertà
A story reported by the Daily Wire.
Biden Caves To World’s Leading State Sponsor Of Terrorism: Prepared To Lift Sanctions On Iran | The Daily Wire
- Overall, we rate The Daily Wire borderline questionable and Right Biased based on story selection and editorial positions that align with the conservative right. We also rate them Mixed for factual reporting due to several failed fact checks. If the Daily Wire fails, another fact check will be moved to the Questionable list.
History
The Daily Wire is a politically conservative American news and opinion website founded in 2015 by conservative political commentator Ben Shapiro, who currently serves as Editor-in-Chief. Michael Knowles is managing editor, and Jeremy Boreing is Chief Operating Officer.
Funded by / Ownership
Forward Publishing LLC owns the Daily Wire. Forward Publishing is owned and managed by the billionaire Wilks Brothers who made their money through the fossil fuel industry with their company Frac Tech. The Wilks brothers are also a part of the extreme Christian right who interpret the bible literally. The website is funded through a subscription and advertising model.
Analysis / Bias
The Daily Wire presents news with a hyper-partisan conservative bias in reporting and wording. For example, headlines are usually sensational and utilize strong emotional language such as this: Democrats Boo God. Then They Quote The Bible To Attack Trump. Virtually every story favors the right and denigrates the left. However, the Daily Wire does not always report favorably on President Trump and his policies. When it comes to science, they often do not align with climate scientists’ consensus that humans are a significant factor in climate change.
I don't know if the story is true or not, but it fits the mold of what Obama did. He dropped the sanctions and sent over a bunch of money.
So, be honest, whose money did he send them? Can you be honest?
Reply With Quote
Bookmarks