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Comments about ‘In our opinion: Trade deficit’

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Published: Friday, Aug. 16 2013 12:00 a.m. MDT

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ray vaughn
Ogden, UT

Congratulations. It took a bit of a stretcch but you manageed to do it. You have found the dark cloud amongst the good economic news.

2 bits
Cottonwood Heights, UT

It doesn't matter if the economy recovers or not... if the government doesn't learn to control spending and resist the temptation to print more money to artificially stimulate the economy.

We are headed towards a fiscal cliff. Not the pretend one politicians create every year or two when we have to authorize getting ever more and more in dept. The fiscal cliff I'm talking about is the point where 100% of our GDP doesn't even cover the interest on our debt, and we just keep borrowing more and more just to keep up with the debt payments. That's an ugly downward spiral to be in, and it's in our future.

The reason I say it doesn't matter at this point if the economy is recovering is... We have borrowed more and more even in the years when our economy was GOOD!

The reason printing money doesn't fix it is... It just devalues every old dollar currently in circulation (wiping out people's savings and making their earnings almost worthless before they can even cash the check).

Economy recovery or not... we have problems in our future if we don't control our DEBT.

There You Go Again
Saint George, UT

There can be no good news...(see republican talking points).

The sky HAS been/IS/Will be falling...

There...all better.

one vote
Salt Lake City, UT

At least the writer did not give the Bush Administration credit.

VST
Bountiful, UT

Here is the news from the latest Gallup Poll:

Obama's Economic Approval Rating:
- 35% Approve
- 62% Disapprove

Wow, such a rousing endorsement – Not!

m.g. scott
clearfield, UT

The Democrats and much of the media are short sighted about economy. Penny wise pound foolish. A couple of weeks of growth to them is big news. Did anyone notice that the stock market was way down this week? Not much talk about that. If it had been up, there would have been talk by the media. I've said it many times before, if you want to see what the American economy looks like take a look at Debt Clock on the net. Watch how much faster we are spending money than taking it in. Close to 17 trillion debt now. Projection by all but the CBO have a twenty trillion debt by 2017 and even the CBO has us at 19 plus trillion. Some day the bubble will burst if the trend is not reversed.

Howard Beal
Provo, UT

I try to be fair minded but this economy is far from recovering. Many at my place of work had their hours slashed to less than 30. I'm not sure how this is helping their economy. I guess rich people who can own stocks like this stuff but I think the rest of us don't see the "recovery."

UtahBlueDevil
Durham, NC

I love the double talk. When the stock market drops a few hundred points off of an all time high - it is a sign of a crashing economy, not profit taking by investors. When the stock market double in value over a period of four years, the value of the market is not a real indicator of economic activity. So which is it.... it is a real indicator when it drops, but is inconsequential when the markets value rise.

There are some factual errors in this article... but in the grand scheme of things, they are not all that important. Most importantly is the distinction between if we are exporting more raw oil or distilled product. The difference here is we are exporting more finished goods -which has a huge impact on job and job creation.

the old switcharoo
mesa, AZ

As sort of mentioned, the Keystone pipeline is really about EXPORTING oil from the US. Since that oil now goes to the Midwest, our oil prices here will go up as China bids on that oil then conveniently located for tanker shipping. Oh, and our trade deficit will go down. But's not always a good thing for we little people.

lket
Bluffdale, UT

and the tax payers are going to build it too.

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