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To: jazusamo
“As the growth continues, we believe 3 percent growth, I think you’ll see deficits as a share of GDP keep falling,” he said.

But total debt as a percentage of GDP will keep increasing. It's already at 107% and climbing.

10 posted on 02/20/2019 4:41:27 PM PST by DoodleDawg
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To: DoodleDawg
“As the growth continues, we believe 3 percent growth, I think you’ll see deficits as a share of GDP keep falling,”

Kudlow seems like a nice enough guy but with what will probably be 3% growth last calendar year our FY deficit is supposed to grow from 3.9% to 4.7% of GDP.

And I don't think 3% GDP growth will last.

27 posted on 02/20/2019 5:19:23 PM PST by semimojo
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