Tuesday, August 28, 2012

Workin' on that ol' trade deficit...

Who says the U.S. doesn't produce anything anymore?
Weapons sales by the United States tripled in 2011 to a record high, pumped up by $33.4 billion in sales to Saudi Arabia...
The United States sold $66.3 billion of weapons overseas in 2011, accounting for nearly 78 percent of all global arms sales, which rose to $85.3 billion in 2011, the highest level seen since 2004. The previous U.S. record was set in 2008, when arms sales reached $38.2 billion, measured in 2011 dollars.
Whoo-hoo!  We've cornered the market, and we're #1!  Aren't you proud? 

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