U.S. Fiscal Budget As % Of GDP (1940-2009E)

In the below CHART of data ranging from 1940 to 2009 it's interesting to Note :

* Just how LARGE (relative to GDP/Gross Domestic Product) the U.S's budget deficit was during the World War 2 ERA..maxing out at a whopping 30% !

* According to the Wall Street Journal, some economists are CURRENTLY predicting a 2009 budget deficit of approx 10% of GDP

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online.wsj.com/article/SB123315486943524321.html


Data Courtesy: The Wall Street Journal