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.)