Here is my latest projection.
Here is my latest projection, showing that the public debt will exceed 150% of GDP in 2049.
Update: The actual public debt at the end of FY2020 was 21,015 instead of the 20,270 shown here. Also this should be updated with the extended long term budge projections, updated Sept 2020, available here: https://www.cbo.gov/system/files/2020-09/51119-2020-09-ltbo_0.xlsx
However, there will likely be another stimulus package in December, so I will wait to do this until after that.
This comment has been removed by a blog administrator.
ReplyDelete