Guiness Book of Bush Booms

From Holden:

The Bush assministration re-wrote the trade deficit record book yet again in February with a $61 billion dollar imbalance, surpassing economists’ expectations by a whopping $2 billion.

The U.S. trade deficit surged in February to a record $61 billion, driven by a jump in oil prices and imports of Chinese textiles that overwhelmed record exports.

The 4.3 percent increase in the trade gap for goods and services followed a 5 percent rise in January to $58.5 billion, the Commerce Department said today in Washington. The February number compares with a median forecast of $59 billion in a Bloomberg News survey of 68 economists