NEW YORK ( TheStreet) -- Friday, the U.S. Department of Commerce is expected to report the annual deficit on international trade in goods and services remained about $500 billion a year. Along with higher taxes and other antigrowth policies, this deficit slows recovery and threatens to thrust the economy into a second recession and push unemployment to truly painful levels.Consumer spending continues to expand, though haltingly, and the annual federal deficit has increased from $161 billion before the financial crisis to more than $1 trillion, injecting enormous additional demand into the system. However, too many of those dollars go abroad for Middle East oil and Chinese goods that do not return to buy U.S. exports, and higher oil prices will up the trade gap in 2013
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