Free Republic

The U.S. trade deficit in goods and services narrowed sharply in April, falling to $61.6 billion from $138.3 billion in March—the largest monthly improvement on record—driven by a steep drop in imports and continued strength in American exports. The 16.3 percent decline in imports, the biggest on record, coincided with the introduction of new U.S. tariff schedules and followed months of accelerated purchasing by companies anticipating higher duties. Analysts noted that much of the shift reflected a hangover after months of elevated imports as businesses rushed to bring in goods ahead of the tariff hikes. At the same time, exports...

Schumber seems to have glaumed onto "why can't we just give you small fractions of what you ask while we watch to see..." - First of all he sneers at the difference between his initial number of $150 billion and "the plan's" number of $700 billion; $550 billion is a "mighty steep price to pay for confidence. My view is that if investors and savers have to wait months to see if there will really be a full out attempt by Congress to attempt this rescue...that could make the $550 billion end up looking like chump change. - Second, Schumber...

The purpose of FreeRepublic.com's multiple message boards is to limit the topics for each board to particular topics. Posting the same message on all the boards defeats the purpose of multiple-boards for special topics. It is very annoying to see the same message on every bulletin board. PLEASE! DO THE READERS A FAVOR. STOP CROSS-POSTING YOUR MESSAGES!