Monday, April 04, 2011

Actually, the IMF Thinks Ryan's Plan Is Right

Well, well.

In other words, fiscal revenues and spending would need to change so that the primary balance predicted under that scenario improves by over 15 percentage points of U.S. GDP every year into the indefinite future starting next year. IMF quoted at Ticker

That 15% is about $570 Bn/year. Every year. Forever.
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1 comment:

  1. J. Strupp4/04/2011 3:15 PM

    Where does he talk about Ryan's plan?

    ReplyDelete