I was doing my thing, looking for some data to refute what some idiot was blathering…. in this case it was Krugman ……. again! And I noted some very optimistic estimates for our budgets. So, I went to look for the source of this optimism. If there’s some good news, I’d like to share it!
And here’s the great news! Our economic worries are over! The US gubtment is projecting nearly a 33% increase in our GDP over the next 5 years!! Click to pic to enlarge, or go here for the official govt pdf. This is table 10.1. Why, in 2014 alone, we’ll have 5% growth over 2013!!!1111 Look at us go!
I felt obliged to share this because of some future posts may include estimates of future economic and budget figures, and this is where many of them will be derived.