Word: gdp
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Dates: during 1990-1999
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...goes this way. Even if Clinton's original budget package had passed unchanged, by 1997 the deficit would be just $140 billion lower than what it otherwise would have been. After that it would rise again rapidly, reaching $465 billion by 2004, about 4.6% of that year's projected GDP. The President's deficit-reduction plan fell short because its main element was a tax increase on a sliver of American households -- the 1.2% earning about $180,000 or more...
Kuttner does not even see fit to mention that Clinton's proposed universal health care entitlement may, perhaps, threaten the Congressional Budget Office's projection that the budget deficit will decline from 4.3 percent to 2.5 percent of the GDP...
...generally hateful politicians. They are seen as unemployable swallowers of social services--worse than their illegal counterparts who do not rely on such programs. This image is completely fallacious. Legal immigrants are very likely to be self-employed, and often start businesses that employ others and contribute to GDP. They do not consume national social services disproportionately or contribute to the "free-rider" problem in the welfare system...
Growth in GDP during the first quarter was a meager 0.9%, the weakest since...
...Education is a fundamental condition for development," Zedillo said, "It is now widely accepted that education--or investment in human capital--is key for GDP growth...