Author Topic: Great job Obama!!!! Official Debt / GDP ratio passes 100%  (Read 296 times)

Soul Crusher

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howardroark

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Re: Great job Obama!!!! Official Debt / GDP ratio passes 100%
« Reply #1 on: December 21, 2011, 02:04:01 PM »
Econometric studies have shown that after the Debt/GDP passes 90%, a full 1% is knocked off economic growth each year. Over time, that 1% makes a world of difference.

Soul Crusher

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Re: Great job Obama!!!! Official Debt / GDP ratio passes 100%
« Reply #2 on: December 21, 2011, 02:04:26 PM »
Can someone tell me how much is enough for Obama to be convinced we are on the wrong track?