Paul Krugman
Aug. 27th, 2009 07:17 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
lsandersonA note on the Bush fiscal legacy
A further note on debt and deficits
Right now, the OMB is projecting a debt/GDP ratio of 77 percent by 2019 — 69 percent if you net out financial assets acquired via the TARP and all that. This may be somewhat over-optimistic, but stay with it for a bit. More
A further note on debt and deficits
So I see that commenters on this piece want to know why I’m blaming Obama’s deficits on Bush, and why I think Obama deficits are good, while Bush deficits weren’t. More
