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Message
re: National debt tops $22 trillion for the first time as experts warn of ripple effects
Posted on 2/13/19 at 1:16 pm to cahoots
Posted on 2/13/19 at 1:16 pm to cahoots
quote:
What are you not getting here? Let's say the budget deficit is 0 in year 1. In year 2, the deficit increases by 1 trillion. That's a 100% increase. Now let's say the deficit is exactly 1 trillion for another 99 years. After that, the increase will only be 1% in spite of the deficit being unaltered.
Spotted your after the fact edit.
I hope you don't think it made it less dumb.
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