[Black Republican for Bush]

"Quite a few would agree that this is a meaningless statistic" And quite a few would not.It's true that GDP demonstrates what our economy as a whole produces, while debt is accumulated by our govt, not our nation as a whole. But you fail to see that a strong GDP means increased tax revenue, which does help to decrease the deficit. Our tax revenues have been 10 to 15% greater than had been predicted. So if greater business profits, which result in greater tax revenue, creates a larger economy, the greater revenues coming into govt coffers shrink the deficit.That's why strong growth can make a significant difference when running a deficit.--Mark

[EnochPowellWasRight]

"you fail to see that a strong GDP means increased tax revenue,"

What of it, when you still run a deficit?

"That's why strong growth can make a significant difference when running a deficit."

More revenue means more SPENDING, not a lower deficit.