Thursday, April 11, 2013


Notes blogger Andrew Sullivan:

If the Obama budget were implemented, and if current trends continue, the deficit will have come down by 47 percent in four years. In relation to GDP, it will have declined from “10.1 percent of GDP in 2009 to a projected 6 percent in fiscal 2013 (it’ll probably be less), and 4.4 percent of GDP in fiscal 2014.”

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