Deficit Hits New Record
Dean Baker writes: "Most people didn't see this headline, because the deficit that just soared to a new record was the trade deficit, not the budget deficit. The newly released trade data for July showed the deficit running at an annual rate of almost $820 billion, more than 6 percent of GDP. This is more than three times the size of the $260 billion dollar budget deficit now projected for 2006."
http://www.truthout.org/docs_2006/091306F.shtml
http://www.truthout.org/docs_2006/091306F.shtml
rudkla - 13. Sep, 22:54
