A trade deficit like this is unacceptable, ... It lowers our GDP growth.

The outlook remains poor, ... Production cutbacks at Ford and GM, mediocre personal income growth and record trade deficits all bode poorly for economic growth and jobs creation.

The overvalued dollar will contribute mightily to the US trade deficit until the Bush administration takes decisive action.

As long as housing prices don't go down, consumers have more equity they can borrow against. If mortgage rates go up another 1.25 or 1.5 percent and pierce 7 percent -- watch out. That's when the housing bubble bursts and consumers would cut back on spending a lot.

But when you find someone working on the assembly line at General Motors is making more than a Detroit policeman, you see that support start to decline.

This is a fig leaf. It's an attempt by the Chinese to do the least amount possible,