There is a link to Carpe Diem on the left, but today's blog is especially worth looking at.
While there, check out the facts about the decreasing trade deficit, you will never hear about that piece of good news anywhere else. The weak dollar is making US exports a bargain, and with this, conservation of costly oil imports is working to bring the trade deficit to a level not seen since 2002. These exports have contributed about 0.5% to the GDP, making our economy GROW at at rate of 3.0%. While this is good news to the US, it is bad news to the rest of the world.
No comments:
Post a Comment