The U.S. Budget Balance
This graph from Econbrowser shows the budget surplus or deficit of the U.S. federal government as a share of GDP (blue, left scale).
Random Observations for Students of Economics
I am the Robert M. Beren Professor of Economics at Harvard University. I use this blog to keep in touch with my current and former students. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this resource.
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