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Analysis: Doubling U.S. exports remains a distant dream for Obama

Shieldwolf Wrote: May 02, 2013 9:04 PM
Maybe Obama was talking about exporting US dollars? Libs think Debt is a commodity after all.

By Jason Lange

WASHINGTON (Reuters) - U.S. President Barack Obama reminded the world on Thursday of the lofty goal set early in his presidency to double American exports over five years. It looks like he won't deliver.

Trade data published earlier in the day underscored the uphill battle faced by the administration. Weakness in the global economy is knocking down demand for U.S. exports, which rose just 3 percent in the 12 months through March.

At that pace, Obama's mission won't be accomplished until around 2024, nearly a decade later than promised.

"The president's export-doubling goal seems less achievable than...

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