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To: Dayuhan who wrote (9365)4/17/2002 10:29:22 AM
From: jcky  Read Replies (1) | Respond to of 21057
 
Yes, you are so right about that Steven. But I don't see how doing the right thing has anything to do with politics? And that's the social dilemma. Is politics inherently tainted?

I have to go to work now. But I'll be back later in the evening.



To: Dayuhan who wrote (9365)4/17/2002 10:32:38 AM
From: Lane3  Read Replies (1) | Respond to of 21057
 
Trade Deficit Widens to $31.5B

By Jeannine Aversa
Associated Press Writer
Wednesday, April 17, 2002; 8:34 AM

The United States' trade deficit widened to $31.5 billion in February as Americans' appetite for foreign-made cars, TVs and other goods increased, reflecting the budding economic recovery in this country.

The Commerce Department reported Wednesday that the deficit was 11.6 percent higher than January's trade gap of $28.2 billion.

Imports of goods and services rose nearly 4 percent to $110.7 billion in February.

Americans' demand for imports is improving as the U.S. economy is on the mend from a recession that began in March 2001. Cheaply priced imports also are motivating buyers.

Because U.S. exports of goods and services didn't rise as quickly as imports in February, the trade gap expanded. Exports went up 1.2 percent to $79.2 billion. Countries around the globe are recovering from a worldwide economic slowdown less quickly than the United States, thus restraining their demand for U.S. exports.

© 2002 The Associated Press