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U.S. trade deficit expands to record high
from: http://www.cbc.ca/stories/2004/03/12/business/UStrade_040312

WASHINGTON - The United States current account deficit grew to a record $541.8 billion US last year as imports of goods far outstripped exports, the Commerce Department said Friday.

The 2003 record was 12.7 per cent higher than the previous all-time high of $480.9 billion seen in 2002.

The current account figures are regarded as the broadest measure of a country's foreign trade position as its tracks goods, services, investment flows between countries and unilateral transfers, such as foreign aid.

The U.S. government said the deficit in goods ballooned to $549.4 billion US from $482.9 billion US in 2002. The U.S. ran a surplus in the services sector of $59.2 billion US, down from last year's $64.8 billion US.

The mushrooming trade deficit has become a political football in the U.S. election campaign.

Democrats charge that the free-trade position of President George W. Bush is causing U.S. jobs to disappear.

Bush recently took at shot at likely Democrat presidential nominee Senator John Kerry by speaking against economic isolationism.

Kerry has said he would put all trade deals under a 120-day review and require U.S. firms to give notice before they moved jobs out of the country.
Posted by: B.O.F.H.   Posted on: 03/26/04 You are currently: a Guest | Members login | Terms of Use
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Interesting  vferrara | 03/26/04
Yes..  Patrick Jones | 03/26/04
US is paying 16 cents for each barrel of oil from iraq  hipparchus | 03/26/04
cost of oil  richhayes | 03/26/04
the link as requested  hipparchus | 03/26/04
link  richhayes | 03/27/04
US is paying 16 cents for each barrel of oil from iraq  hipparchus | 03/26/04
what digital divide  V Sanders | 03/27/04
And the 3rd worlders come running with their hands out again.....  James T. Kirk | 03/26/04
Read a little further, Sue...  Fred Fredrickson | 03/28/04
No  James T. Kirk | 03/29/04
Let me get this straight  rapson | 03/26/04
Remember to lower you standard of living NOW  Keep jobs in the USA | 03/26/04
U.S. trade deficit expands to record high  B.O.F.H. | 03/26/04
Kerry voted the same as Bush  Keep jobs in the USA | 03/26/04
I hear you complain but no solutions?  voska | 03/26/04
I hear you complain ....  GoneWithTheWind | 03/30/04
free trade is hard but it is good  hipparchus | 03/26/04
Read, Understand, Think ..........and Act  zohnco | 03/28/04
Curious..  Patrick Jones | 03/26/04
Kofi: I don't get enough kickback money  jfrankcarr | 03/26/04
United Nations  GoneWithTheWind | 03/26/04
Here is how they can get the money  Albee_Freeoneday | 03/29/04
GAG!!!  jathorn | 03/26/04
What's democracy have to do with it?  voska | 03/26/04
"areas of conflict" like Japan and Germany for example?  jfrankcarr | 03/26/04
The United States EARNED its money  newid2096@... | 03/26/04
You're kidding, right?  WhoIsDaMan | 03/26/04
That's right  voska | 03/26/04
yes and no  hipparchus | 03/26/04
Go back a little further to the Viking  voska | 03/26/04
agreed  hipparchus | 03/26/04
Stick to the subject.  billbutterusername | 03/26/04
Resentment??????  MoYoToSoTo | 03/26/04
Two Internets - 10 Years  jjworleyeoe | 03/26/04
In 10-15 years China won't exist  voska | 03/26/04
nice and cheerful  hipparchus | 03/26/04
So let's say that these poorer nations get access via UN  B.O.F.H. | 03/26/04
No  richhayes | 03/26/04
Who's stopping them?  vferrara | 03/27/04
UN Control  samp_z | 03/26/04
U.N. Wants Part Of Internet Pie  wadeprater | 03/26/04
U.N. Wants Part Of Internet Pie  jerrykan | 08/30/05
As if the UN has nothing else to do...  No_Ax_to_Grind | 03/26/04
Nonsense  Stewart Cannon | 03/26/04
say what ?  driv101 | 03/26/04
poor nations  driv101 | 03/26/04
How the UN can bring the Net to the Third World  richardpor | 03/26/04
My two cents worth  DragonBRockin | 03/27/04
Posters in this forum  Iain_Peters | 03/27/04
Yeah isn't freedom of speech great  Squawkbox | 03/28/04
re: Yeah isn't freedom of speech great  Iain_Peters | 03/28/04
I ignore 'em much as they do me  Squawkbox | 03/28/04
You learn who/whom to ignore  Squawkbox | 03/28/04
Ian, is this correct?  billbutterusername | 03/28/04
Absolutely  vferrara | 03/29/04
re: Yeah isn't freedom of speech great  GrumpyOldMan | 03/29/04
Aren't you just full of yourself  vferrara | 03/29/04
Good point.  billbutterusername | 03/29/04
RE: Posters in this forum  Pinkerton | 03/29/04
let's see  V Sanders | 03/27/04
And your Home ASN would be...  B.O.F.H. | 03/27/04
next they will want a peice of ms  V Sanders | 03/27/04
It's all about the money  Aceracer | 03/29/04
It's time to resist the UN  mra_z | 03/29/04
United Nations is a Joke  wentzeljr | 03/29/04
fscking BS  Suicida| | 03/29/04
"Follow the money" or How can the U.N. impose a global consumer tax  mabrown1 | 03/29/04
United Nations ponders Net's future  trd_z | 03/29/04
Why the UN?  chuck.collins@... | 03/31/04
UN wants POWER  nowayun | 07/17/05

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