Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: kabar
Under the White House budget, the national debt will increase from $19 trillion to more than $27 trillion over the next decade. But the debt will remain stable relative to the economy, hovering around 75% of gross domestic product.

Interesting. But there's a flaw in all that. The national debt will increase at a rather predictable rate. But one cannot be sure that the GDP will increase at that same rate. Heck, the GDP can even decrease as the debt increases.

32 posted on 02/09/2016 11:19:14 AM PST by Leaning Right (Why am I holding this lantern? I am looking for the next Reagan.)
[ Post Reply | Private Reply | To 22 | View Replies ]


To: Leaning Right

True enough.


37 posted on 02/09/2016 11:35:20 AM PST by kabar
[ Post Reply | Private Reply | To 32 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson