Talk about leaving out a few unpleasant details.
Speaking today to something called “The President’s Export Council,” Obama noted,
Obviously, working off a low baseline, given the crisis last year, exports are expected to be up, but we’re very pleased to see that they’re up 18 percent, to where they were a year ago. And manufacturing exports are up 20 percent. And that’s helping put a lot of our people back to work.
Yes, the worst economic crisis in 80 years is indeed a “low baseline.” And, oops, no mention of the immense trade deficit the U.S. is running. From March to June, the deficit widened by 12.9 percent over the first quarter of the year to $123.3 billion, growing for the fourth quarter in a row.
Let’s look at the Obama trade policy achievements Obama boasted about today.
That’s why six months ago we launched the National Export Initiative, the first-ever government-wide export promotion strategy with focused attention at the presidential and Cabinet level.
America is going to bat as a stronger partner and a better advocate for our businesses abroad. We’re increasing trade missions. We’re removing barriers to help businesses gain a foothold in new markets. We’re increasing export financing for small- and medium-size businesses.
We hope to move forward on new trade agreements with some of our key partners in a way that doesn’t just advance the interests of our businesses, workers and farmers, but also upholds our most cherished values.
Now let’s look at our stat board.
Free trade agreements negotiated by Obama: 0
FTA’s passed by Congress under Obama: 0
Unfortunately, Obama actually has no discernible trade policy.