RE: Re: Re: Re: Re: RE: Re: Keynesians and Post Keynesians and growth

[Max Sawicky]

Full-employment or 'structural balance':

(billions)
1999   44.3
2000   91.2
2001  124.5
2002  149.2
2003  168.5
2004  192.5
2005  215.7

These are all surpluses.  Source: p. 13,
Federal Budget, Analytical Perspectives.
These assume "full employment" of 5.2
percent.

The share of GDP is projected to rise.
So we've got to figure out how
to spend a bunch of money.

mbs



Is the US "full employment" deficit rising or falling?

Jim Devine [EMAIL PROTECTED] &  http://liberalarts.lmu.edu/~jdevine