|
|
|
|
|
by hn_throwaway_99
2498 days ago
|
|
> And, if you look at inflation-adjusted metrics, that growth is very minor. Baloney. Take a look at a graph of US federal deficit as a percentage of GDP. In 2018 the deficit was 3.8% of GDP, in 2019 it's expected to be 5.1%. If those were the values during a recession, that would be understandable, but during what is supposed to be a "great, amazing" economy, those structurally high values is what scares people. |
|
However, you'll notice that the debt/gdp ratio has been stable for the past 5 years, or so.