View Single Post
  #21   Report Post  
NOYB
 
Posts: n/a
Default OT--Economy Grows at Fastest Pace Since 1984


"Gould 0738" wrote in message
...
Look at the numbers Gould:
http://www.house.gov/budget/msrslide4bgt071703.pdf



Why in the world would a Bush fan post that?! Especially to compare the
economic trends of the 90's with the economic trends so far in Bush's

stint?


To show you that the current deficit of 4.2% of GDP is less than that same
ratio at the end of the last recession. We both agree that the economy is
improving. The current GDP spike shows is is zooming. The projections for
the next few years show a clear trend towards a reduction in the "debt as
percentage of GDP ratio".

In other words, the ratio hit it's peak and will fall rapidly with increased
booms in GDP numbers.