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Strategies & Market Trends : Booms, Busts, and Recoveries
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From: Haim R. Branisteanu5/12/2010 9:15:40 AM
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The lower EUR is already inflicting damage on the US economy - MArch trade deficit with the EU grew by over $2.5 billion and February by around $2 billion.

This trade deficit generates LESS workplaces and in a meaningful way and less income taxes direct from labor

Around $200 to $250 million of income taxes are lost for each $1 billion of trade deficit - at the end its add up!!!
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