Trump’s last 2 deficits: 14.8% and 11.9% of GDP

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Posted by Dr.J on November 25, 2024 at 18:14:24

As a percentage of GDP they were higher than every deficit in US history with the exception of 1943-45.

In monetary terms they were $3.1 trillion and $2.7 trillion. That is about 40 times the deficits from 1941-1945.

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