This is the kind of SHRILL reporting that makes a lot of people angry.
The trade definite did NOT widen to $49.9 billion it went from $50.3 billion to $61.9 billion.
Everyone go HERE:
Imports = $168,903.3 Million
Exports = $106,937.0 Million
Balance : -$-61,966.2 Million
So far in 2010 we have a $-305,338.2 Million balance. STILL spending more than we produce.
Drop the spin an the “economist of Wall Street expectations” and just the facts people would applaud you. SA figures do not work in a recession, ask any person who has any basic understanding of economics. And that does not mean shrills like Krugman or Wall Street dummys!