Post #108 by BenSolar on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks

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Thanks for the series of posts, lizgdal. Interesting stuff.

The 25 year projections are derived from currently enacted policies projected forward. But policies change on a regular basis so there's no reason the think we'll actually hit those numbers.

I think most agree that we can't just keep raising the deficit as a percentage of GDP: a deficit of 10% of GDP is something that should only happen in times of extreme fiscal duress. One way or another we'll work out some compromises to get that projected deficit in 2047 down substantially.

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