European Tribune - Comments - Do Deficits Matter? Do the Deficit Disco!

Do Deficits Matter? Do the Deficit Disco! | 41 comments (41 topical, 0 editorial, 0 hidden)

Re: Do Deficits Matter? Do the Deficit Disco! (none / 0)

Yes, all of which is true. But US national debt (a better metric than the official deficit numbers) as a percentage of GDP, which fell pretty steadily after the huge spike of the war, has been on an upward trajectory since the Reagan years, with a brief plateau at the end of the Clinton presidency, and is now picking up a good head of steam going north.

So growth alone won't paint the picture rosy.

Bitsofnews.com Giving you the latest bits.

by Alexander G Rubio (alexander.rubio@gmail.com) on Thu Feb 9th, 2006 at 01:22:52 PM EST
[ Parent ]

Re: Do Deficits Matter? Do the Deficit Disco! (none / 0)

Sure. But these -- debt and deficits as a percentage of GDP -- all tell the same story. When deficits and debt are rising as a percentage of GDP, so, too, will the interest payments, cet. par.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin

by Drew J Jones (myfriends@thisispancakes.com) on Thu Feb 9th, 2006 at 02:54:33 PM EST
[ Parent ]

Re: Do Deficits Matter? Do the Deficit Disco! (4.00 / 3)

On budget Federal Deficit as % of GDP

by btower on Thu Feb 9th, 2006 at 06:28:09 PM EST
[ Parent ]

Do Deficits Matter? Do the Deficit Disco! | 41 comments (41 topical, 0 editorial, 0 hidden)

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