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Savings
The U.S. income surplus increased to $127.6 billion in 2008 from $81.7 billion the previous year
picture: http://static.seekingalpha.com/uploads/2010/5/17/saupload_budget_deficit_us.png
http://www.bankruptcy-toronto.ca/wp-content/uploads/2013/03/dollar-sign-shutterstock_65916643.jpg -
Savings
The Commerce Department reported that the current account deficit, which includes investment flows and other transfers as well as trade, dropped 7.9 percent to $673.3 billion in 2008 from $731.2 billion in 2007.
picture: http://www.commerce.gov/sites/default/files/images/2012/july/us-patenttrademarkoffice-se.jpg
http://www.commerce.gov/blog/category/1062 -
Leadership
When President Obama was first inaugurated on Jan. 20, 2009, the debt of the U.S. government was $10,626,877,048,913.08, according to the Treasury Department’s Bureau of the Public Debt. As of Jan. 31, 2014, the latest day reported, the debt was $17,293,019,654,983.61—an increase of $6,666,142,606,070.53 since Obama’s first inauguration.
picture: http://en.wikipedia.org/wiki/Barack_Obama#mediaviewer/File:President_Barack_O
http://cnsnews.com/news/article/ali-meyer/debt-6666-trillion-under-obama -
Budget
A declining jobless rate hat’s lifting individual and corporate tax revenue will help narrow the gap next year to about a third of the record $1.4 trillion deficit reached in 2009, according to CBO data. The report today shows a fiscal picture that’s improving in the near term before starting to deteriorate, with deficits swelling again starting in 2018.
Picture: http://www.ashugaur.com/union
http://www.bloomberg.com/news/2014-08-27/cbo-sees-wider-u-s-deficit-as-slower-growth-cuts-revenue.html -
Trade
It’s no secret the United States has alarming trade deficits with a number of countries, but with no country on Earth is our trade more unbalanced than with China. In 2013, our trade deficit with the Chinese was $318 billion.
picture: http://static.seekingalpha.com/uploads/2010/9/10/657631-128412154184012-Martin-Fluck_origin.png
http://www.businessweek.com/articles/2014-09-04/the-u-dot-s-dot-trade-deficit-shrinks-except-with-china -
Budget
The projected shortfall will be $506 billion in the 12 months ending Sept. 30, compared with an April prediction for $492 billion and a $680 billion gap posted last year, the nonpartisan CBO said today in a report. In 2015 it’s projected to shrink for a sixth straight year, to $469 billion.
picture: http://motorgasm.files.wordpress.com/2011/04/2011-fed-budg-cut.jpg
http://www.bloomberg.com/news/2014-08-27/cbo-sees-wider-u-s-deficit-as-slower-growth-cuts-revenue.html -
Trade
The U.S. deficit in manufacturing set a montly record, and the deficit in goods traded with China also broke a record
picture: http://www.aflcio.org/var/ezflow_site/storage/images/site_aflcio/multimedia/infographics/the-u.s.-china-trade-imbalance/646661-1-eng-US/The-U.S.-China-Trade-Imbalance_issuebanner.jpg
http://www.businessweek.com/articles/2014-09-04/the-u-dot-s-dot-trade-deficit-shrinks-except-with-china. -
Trade
The overall U.S. trade deficit unexpectedly shrank a bit less than 1 percent in July from June. It was the smallest gap in half a year, and exports broke a record.
picture: http://2.bp.blogspot.com/-oqS0erK0Ky8/UswDTtdELkI/AAAAAAAAdfU/aP569cDDi2g/s1600/TradeDeficitNov2013.jpg
http://www.businessweek.com/articles/2014-09-04/the-u-dot-s-dot-trade-deficit-shrinks-except-with-china
