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

To: TimF who wrote (172031)	7/19/2003 6:52:26 PM
From: tejek	Read Replies (1) \| Respond to of 1577301

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: How about $1.7 trillion in three years? Clinton's deficits were at their peak and on their way down. Bush's have just begun. ted