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Argument: The US deficit is not bad when properly compared US GDP growth

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Supporting evidence

  • The US national debt burden is actually decreasing relative to economic growth: The government deficit of 2006 was 1.9 percent of gross domestic product, down from the 2.3 percent average of the past 20 years. This demonstrates that, as compared to GDP, the significance of the budget deficit is actually decreasing. Because this relative comparison is the most important comparison involved in this analysis, the budget deficit situation can be seen as improving.
  • The Bush administration argues that the deficit is "manageable" as a proportion to the US economy.[1]

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