Americans Will Never Forget The Historic Economic Collapse During Joe Biden’s Presidency
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Visualizing the Largest Trading Partners of the U.S.
The U.S. economy grew 5.7% in 2021, the fastest pace since 1984, bouncing back from the 2020 recession. That’s great news for America, but what happened to the country’s trade balance?
America’s trade deficit of goods shot up to a whopping record $1.1 trillion in 2021 from $922 billion in 2020, leading to its largest-ever deficit. Imports dwarfed exports, reaching new highs of $2.9 trillion in 2021. U.S. exports to other countries accounted for $1.8 trillion.
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30 Years of Gun Manufacturing in America
30 Years of Gun Manufacturing in America
While gun sales have been brisk in recent years, the uncertainty surrounding COVID-19 was a boon for the gun industry.
From 2010-2019, an average of 13 million guns were sold legally in the U.S. each year. In 2020 and 2021, annual gun sales sharply increased to 20 million.