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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (172030)7/19/2003 2:19:44 PM
From: TimF  Read Replies (1) | Respond to of 1577229
 
A $455 billion deficit is equal to approximately 4.3% of GDP. While that is in the high range of our historical experience, it is by no means a record. The deficit was 6.0% of GDP in 1983 and Clinton had deficits equal to 4.5%, 4.7% and 3.9% of GDP in fiscal years 1991, 1992 and 1993, respectively. Large federal deficits are not exactly the end of the world. You will find the historical numbers in Table 11:

cbo.gov

Message 19125470



To: TimF who wrote (172030)7/19/2003 2:45:49 PM
From: tejek  Read Replies (1) | Respond to of 1577229
 
Tell that to the people who are unemployed.

A very silly argument. If the rate was .5% there would still be people who are unemployed

You miss the point.......there are a hell of lot more people to tell at 8% than .5%!


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