Federal deficits averaged 3.4 percent of GDP in the 1980s and reached 4.7 percent in 1992.
Economists estimate that federal deficits over 6 percent of GDP will significantly slow economic growth.
mnli hypothesis: Economists estimate that federal deficits over 6 percent of GDP will significantly slow economic growth. premise: Federal deficits averaged 3.4 percent of GDP in the 1980s and reached 4.7 percent in 1992.