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.

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

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

The trade-offs involved are shifting more of the tax burden onto middle-income folks or cutting programs.

The trade-offs involved are shifting more of the tax burden onto middle-income folks or cutting programs,

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.