In pitching the very same bilateral trade agreements two and three years ago that the business community is pitching today, then-USTR Susan Schwab liked to remind Congress that the United States had an aggregate trade surplus with the countries with whom the Bush administration had concluded free trade agreements, as though that were the appropriate success metric.

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Valued at 17 times trailing earnings per share, DRS shares trade right in line with the aggregate price-to-earnings ratio among U.S. aerospace and defense stocks.

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In the aggregate, U.S. aerospace stocks now trade at 17 times the projected next-12-month earnings, a premium to the market multiple of 15 times projected earnings.

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In the aggregate, these have particularly affected academic and professional programs and trade and other business activities.

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The document calls for reductions in farm subsidies elsewhere in the developed world that are even steeper than those proposed for America: an 83% reduction in aggregate support levels in Japan and the EU, and a reduction in trade-distorting support of 75% (53% for Japan).

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Perhaps most interesting is that the World Semiconductor Trade Statistics (WSTS) which compiles numbers from all the charted companies except SanDisk showed aggregate bit growth lower than that of any of the companies on the chart.

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