Showing posts with label cutting spending. Show all posts
Showing posts with label cutting spending. Show all posts

Thursday, December 29, 2011

$44 Billion Trade Deficit, The Other Monkey On The Economy’s Back

In 1992, the trade deficit was $44 billion dollars less than July’s trade report by the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. While cutting spending has dominated the economic policy headlines, the other major impediment to growth and balancing the U.S budget isn’t being even looked at…