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View Diary: Obama's Deficits (23 comments)

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  •  Debt (1+ / 0-)
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    randomfacts

    as a percentage of GDP almost always goes down as a country deficit spends and real economic growth ensures.   If the US had run larger deficits under Obama, the debt percentage would now be even less and growth would be much better, as well.  Not to mention a much better improvement in unemployment.

    Take a look at the UK's debt ratio and unemployment as a result of its nonsensical austerity and you can see where the US would be without its meager stimulus package.  

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