Friday, October 9, 2026

Trendline of Deficits

 


Image source: https://uk.finance.yahoo.com/news/wall-street-sees-ominous-sign-090000374.html

The text says: "Fiscal gap has trended around 6% of GDP in recent years".  

That's not what I see - I see deficits that are increasing as a percent of GDP that are currently about 6% of GDP and continue to increase as a % of GDP in an unbroken trendline since the year 2000.

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