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It's not biased at all. Debt is a trailing indicator. Deficit is the rate at which you create/paydown debt. If you want to change the debt level, you change
by yourbandsucks 8y ago
It's not biased at all. Debt is a trailing indicator. Deficit is the rate at which you create/paydown debt.
If you want to change the debt level, you change the deficit and then apply time. $X/year * Y years = (X*Y) difference in debt. It's literally the only way to do so.
Is that honestly controversial or hard to understand? We're talking 8th grade algebra here.. you don't even need to generalize it into calculus.