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Politics : Formerly About Advanced Micro Devices

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To: koan who wrote (757873)	12/15/2013 3:35:04 AM
From: TimF	Read Replies (1) of 1575764

You said that the "debt to GDP ratio has fallen every year Obama had been president", instead its gone up every year. The 2nd graph shows 2010, 2011, 2012, and the estimate for 2013. 08, and 09 were lower than 2010. A quick search shows US federal growth at 2.5% in the 2nd quarter (annualized rate not that much growth in one quarter). The US GDP is around 15 and a half trillion dollars. 2.5% of that is 387 and a half billion. Since the 15 and a half trillion is rounding off that $287.5bil figure is falsely precise, but in order for the debt to drop as a percentage of GDP with 2.5% growth the deficit has to be under somewhere between $350bil and $400bil. With the sequester going away it might be awhile until we see deficits that low, at least without political changes.

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