It's a whole percentage point, so if you go five years out and you're talking about an economy and a nominal GDP in terms of about two trillion dollars, you're talking about $20 billion in terms of sustained fiscal actions to close that gap.
February 15th, 2011 / 9:45 a.m.
Parliamentary Budget Officer, Library of Parliament
It's a whole percentage point, so if you go five years out and you're talking about an economy and a nominal GDP in terms of about two trillion dollars, you're talking about $20 billion in terms of sustained fiscal actions to close that gap.
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