My Simple Rule for Government Financing

As part of my continuing effort to solve all of the world’s problems, I’ve devised a simple rule for the U.S. budget deficit. Here it is:

(Unemployment Rate x 2) – 10 = Budget Deficit / GDP

Here’s how my rule has held up (in blue) against the real budget deficit (in red).

Posted by Eddy Elfenbein on February 13th, 2013 at 9:43 am

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