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View Full Version : Trade Deficit Relation???


MotorDown
07-13-2005, 09:24 PM
http://www.menafn.com/qn_news_story.asp?StoryId=CqTsrWeidDxmTDhjHzgvKzwz Py2L0

UPI- The U.S. trade deficit, the difference between imports and exports, fell more than $1 billion in May, surprising observers. The deficit in goods and services decreased to $55.3 billion in May from April's revised figure of $56.9 billion, as exports increased and imports decreased, the Treasury Department said Wednesday.

MotorDown
07-13-2005, 09:46 PM
http://www.nytimes.com/2005/07/13/business/13deficit.html?ex=1121918400&en=9dcbc6ae009274e4&ei=5059&partner=AOL

One consequence of strong income growth is that we are enjoying higher-than-expected levels of tax collections," he said.

Similar article, of all places NYT. If IQD pegs and are exchange investors will pay more taxes helping deficit. Seems it's all part of the big plan by GW.

Tyreds Tale
07-14-2005, 08:30 PM
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One consequence of strong income growth is that we are enjoying higher-than-expected levels of tax collections," he said.


Well, well, more taxes for the government! And who said we couldnt afford to lower taxes in a time of war? I just hope we keep the tax cut we have now! taxes...ahhh :rolleye03