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hijodelsol04/03/20254 repliesview on HN

The deficit is not in fact 2 trillion. Source: https://www.bea.gov/system/files/trad0225.png (and many other official documents)

Also, this is a false dichotomy.


Replies

izend04/03/2025

In CBO’s projections, the federal budget deficit in fiscal year 2025 is $1.9 trillion. Adjusted to exclude the effects of shifts in the timing of certain payments, the deficit grows to $2.7 trillion by 2035. It amounts to 6.2 percent of gross domestic product (GDP) in 2025 and drops to 5.2 percent by 2027 as revenues increase faster than outlays

https://www.cbo.gov/publication/60870

IMO, 5%+ percent of gross domestic product (GDP) in a country with massive trade deficits is not sustainable.

show 2 replies
croemer04/03/2025

I think they meant budget deficit, whereas you refer to trade deficit.

ArnoVW04/03/2025

That graph shows a 130B monthly deficit. So maybe not 2B but still 1.5B on a yearly basis.

disgruntledphd204/03/2025

I believe the OP was talking about the fiscal deficit, your chart shows the trade deficit.