Shrinking US trade gap seen as positive for economy (LameStream Media covers Obama)

AFP, Yahoo! ^ | 07/11/09 | Veronica Smith

[Recovering_Democrat]

WASHINGTON (AFP) – The US trade deficit unexpectedly fell in May as exports picked up for the first time in two months, government data showed Friday, in a report seen as positive for an ailing US economy.

[Recovering_Democrat]

Funny, isn't it, how positive headlines regarding the economy will noticeably LACKING when the LameStream Media was tearing George W. Bush a new a-hole for every .1% dip in the unemployment rate?

[ProtectOurFreedom]

I suspect the real reason the trade deficit fell is that imports of stuff from China have collapsed due to the huge shrinkage of consumer purchases and consumer pay-down of debt.

[cranked]

Bingo.

[TwelveOfTwenty]

I agree, but it’s still a step in the right direction.

[Oldpuppymax]

People are buying less because they are able to afford less. This is NOT GOOD NEWS!! LEave it to the media to shill for Hussein and completely ignore facts in order to do it!