Trade deficit drops to $39.9B; lowest in 6 years

[Yurt]

Trade deficit drops to $39.9B; lowest in 6 years

WASHINGTON — The U.S. trade deficit fell to the lowest level in nearly six years in December as the recession depressed demand for imports. The trade deficit in 2008 fell for a second straight year and economists expect an even bigger decline this year

http://seattletimes.nwsource.com/html/businesstechnology/2008732310_webtrade11.html

so are recessions always bad? and doesn't this crimp obama's constant doom and gloom?

[PostmodernProphet]

just Obamachange......

[Yurt]

just Obamachange......

it happened before obama entered office

[PostmodernProphet]

it happened before obama entered office

/grins....as if that will keep Dems from claiming victory.....

[emmett]

Trade deficit drops to $39.9B; lowest in 6 years

WASHINGTON — The U.S. trade deficit fell to the lowest level in nearly six years in December as the recession depressed demand for imports. The trade deficit in 2008 fell for a second straight year and economists expect an even bigger decline this year

http://seattletimes.nwsource.com/html/businesstechnology/2008732310_webtrade11.html

so are recessions always bad? and doesn't this crimp obama's constant doom and gloom?


Silly Yurt..... recessions are for depressions(ers). Of course they will blame someone........ else.

[5stringJeff]

Trade deficits aren't necesarily bad. It just means that, as a country in the aggregate, we are importing goods and exporting cash. Makes sense for the world's leading consumer nation and the country with the world's reserve currency.