12 February, 2006

Republicans, trade deficits, job losses

The Commerce Department reported that the gap between what America sells abroad and what it imports rose to $725.8 billion last year, up by 17.5% from the previous record of $617.6 billion set in 2004.

It marked the fourth consecutive year that America's trade deficit has set a record and was certain to spark increased debate in Congress over President Bush's trade policies. Since mid-2000 the country has lost nearly 3 million manufacturing jobs and Democrats rightfully blame the administration's flawed policies of emphasizing free trade agreements.

During this time, the Republicans have controlled all three branches of government.

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