December 21, 2015
OUR REPUBLICAN PRESIDENT:
The federal deficit is shrinking...for now (David Wessel, 12/21/15, Brookings)
Measured against the size of the economy, the most meaningful metric, the deficit amounted to 2.5 percent of Gross Domestic Product (GDP) versus 2.8 percent the year before. That's below the average of the past 40 years and far from the deficit of nearly 10 percent of GDP recorded during the worst of the Great Recession.
Posted by Orrin Judd at December 21, 2015 3:04 PM