During the period of market fundamentalism, the deficit when computed as a percentage of the GDP

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During the period of market fundamentalism, the deficit increased as a percentage of the GDP. This is because market fundamentalism promoted tax cuts and reduced government spending, leading to a decrease in government revenue and an increase in expenditures, which in turn increased the deficit relative to the size of the economy (GDP).

During the Period of Market Fundamentalism, the Deficit When Computed