Federal deficits averaged 3.4 percent of GDP in the 1980s and reached 4.7 percent in 1992.
Federal deficits were slashed all through the 1990s.
mnli hypothesis: Federal deficits were slashed all through the 1990s. premise: Federal deficits averaged 3.4 percent of GDP in the 1980s and reached 4.7 percent in 1992.