Originally Posted by BonzoAPD
:wtf: are you talking about? I am using it the same way I used it in my previous thread on this. And how it is used by the economists around the world. But because I am giving you the numbers it is wrong. I get it
I took the numbers straight from the gov, no manipulation
h:
The statistic of national debt as a percentage of GDP is used for comparing the state of one country's economy in one particular year to the state of another country's economy in the same particular year.
It is not used to compare the state of one country's economy to itself in a past year. This is precisely because debt is cumulative while GDP is not.