Friday, June 10, 2005

Excessive Spending - Verbal Prestidigitation

Headline: Treasuries ease, trade gap narrower than expected

Another Headline: US trade gap widens less than expected in April

Good news, eh?

Read further:
Despite the monthly improvement, the deficit remained on track to surpass last year's record of $618 billion.

The gap for the first four months of the year was up 22 percent from the same period in 2004.

Okay, call me old fashioned, but that sounds a lot like "I'm feeling much better now; the doctor gives me three weeks to live instead of two."