"Harry Krause" wrote in message
...
Associated Press
Update 4: Greenspan Warns About Trade Deficit Impact

The persistence of bloated U.S. trade deficits over time can pose a risk
to the U.S. economy, which thus far has proven resilient, Federal
Reserve Chairman Alan Greenspan warned Friday. Policy-makers must not
get lulled into a sense of complacency, he said.

The broadest measure of trade, called the current account deficit,
swelled to an all-time high of $166.2 billion in the second quarter of
this year, the most recent period for which this information is available.


This is great news...

What could be better than at some point in the not-too-distant future,
foreign investors find better places to put their money.

Right?

Besides, Jesus will provide.





And this has what do do with GB newly causing at this time? We have been
running trade deficits for about as long as I can remember. Republican /
Democrat President. Democrat / Republican controlled Congress. Where was
your outrage over the previous deficits?