EFTA00702684Set 9
2013-03-1726p14,945w
industrialized world — corporate taxes are expected to raise just 1.3 percent of G.D.P. this year, about
a third of what it was in the 1950s. American taxes (all levels ... years that followed the war. But debt as a percentage of G.D.P. fell by three-quarters over the
same period. Right now, a sustainable deficit would be around $460 billion ... when it is strong and that the cyclically adjusted
deficit as a share of G.D.P. is currently about what it was in 2006, at the height of the housing boom
https://www.justice.gov/epstein/files/DataSet%209/EFTA00702684.pdf
EFTA00876099Set 9
2012-12-2316p10,682w
eight years, the best
measure of our debt position, the ratio of debt to G.D.P., fell dramatically, from 49 to 33 percent.
Right now, given reasonable estimates of likely future ... growth and inflation, we would have a stable or declining ratio of debt to G.D.P.
even if we had a Igor) billion deficit. You can argue that we should ... weakness of the economy has led directly to lower revenues; when G.D.P. falls, the federal tax take falls too, and in fact
always falls substantially more in percentage terms
https://www.justice.gov/epstein/files/DataSet%209/EFTA00876099.pdf
EFTA01088951Set 9
3p1,062w
real measure of
whether the economy was working.
"I'm glad that G.D.P. is growing, and I'm glad that corporate profits are high, and I'm glad that ... than the minimum wage."
Consumer spending on automobiles, furniture and recreational goods helped bolster G.D.P. for
the second quarter, as did an increase in state and local government expenditures that
https://www.justice.gov/epstein/files/DataSet%209/EFTA01088951.pdf
EFTA01931479Set 10
2014-03-2536p9,103w
story.
And no wonder. A recent article in Bloomberg Businessweek
noted that, in 2012, G.D.P. per person in Ukraine was $6,394 —
some 25 percent below its level of nearly ... west who joined the European
Union — Poland, Slovakia, Hungary and Romania — "the
average G.D.P. per person in those nations is around $17,000."
Can you blame Ukrainians for wanting
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01931479.pdf
EFTA00657822Set 9
2013-04-2816p10,301w
economists proved that economic
growth collapses once public debt exceeds 90 percent of G.D.P.? Well, the famous red line on debt, it
turns out, was an artifact of dubious statistics ... Carmen Reinhart
and Kenneth Rogoff on the dangerous debt "threshold" at go percent of G.D.P.
The problem is that the studies did not hold up under scrutiny. Because in late
https://www.justice.gov/epstein/files/DataSet%209/EFTA00657822.pdf
EFTA00986813Set 9
2014-03-2625p9,058w
EFTA00986817
And no wonder. A recent article in Bloomberg Businessweek noted that, in
2012, G.D.P. per person in Ukraine was $6,394 — some 25 percent below
its level of nearly ... west who joined the
European Union — Poland, Slovakia, Hungary and Romania — "the
average G.D.P. per person in those nations is around $17,000." Can you
blame Ukrainians for wanting
https://www.justice.gov/epstein/files/DataSet%209/EFTA00986813.pdf