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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (708555)4/11/2013 2:50:55 PM
From: bentway  Read Replies (1) of 1575421
 
Obama's pledge to cut the deficit in half in his first term has been achieved -- as a percent of GDP.

" In the first three months of calendar 2013--that is, since the increase in payroll and income tax rates took effect on January 1--we estimate that the deficit has averaged just 4.5% of GDP on a seasonally adjusted basis. This is less than half the peak annual deficit of 10.1% of GDP in fiscal 2009."

calculatedriskblog.com
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