Econ Chart of the Day

Discussion in 'Current Events' started by Frank Grimes, Jan 20, 2014.

  1. Frank Grimes

    Frank Grimes New Member Past Donor

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    I made this, it is percent GDP growth minus federal deficit as a percent GDP (chained 2009 dollars, or real dollars)

    The point is that an economy is at escape velocity when the value is positive and the economy can grow without the government printing money. 1996-2000 looks like an anomaly within a downtrend

    5 years after the debacle and we are still sucking and if we catch trend we may barely get positive, in fact we may not get positive again, you 'it's all ok' folks are whistling in the graveyard...

    GDP-Deficit.jpg
     

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