SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (70995)11/15/2014 11:01:38 PM
From: i-node  Read Replies (1) | Respond to of 71588
 
>> But can you point out a period of time where there has been a faster (percentage-wise or raw dollar) improvement in the deficit over the past 40 years or so????????????

No, and I can't point out a period of time when there was such a rapid RISE in deficits, either. It was a sharp spike that, looking at economic history, you would expect to return to the prior level pretty quickly. Not over five or six years. (Historically, recessions that are sharp drops are following by quick recoveries. That didn't happen here because of incompetent fiscal policy).