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I don't believe that's true. Deficits relative to change in GDP were small from 2014-2018, and I believe if you do the math you'll find GDP ex deficit spending
by hammock 3y ago
I don't believe that's true. Deficits relative to change in GDP were small from 2014-2018, and I believe if you do the math you'll find GDP ex deficit spending will still be positive for those years
- blitzar 3y ago2014-2018 GDP (growth rate) 2.29, 2.71, 1.67, 2.24, 2.95 Deficit (% of GDP) 2.75, 2.40, 3.10, 3.39, 3.77 1 out of 5 aint bad. The last time it was even close is Clinton.
- hammock 3y agoWhere are you getting those deficit figures from? Try this https://fred.stlouisfed.org/series/FYFSD#0 https://fred.stlouisfed.org/series/FYFSD#0
- blitzar 3y agoFrom ... Federal Surplus or Deficit as Percent of Gross Domestic Product - https://fred.stlouisfed.org/series/FYFSGDA188S https://fred.stlouisfed.org/series/FYFSGDA188S