Two deficits that just don't matter

[lomiller]

In fact, there are historical periods of very high growth coupled with deflation in prices.

IIRC the last time you were asked to provide evidence of such a period you pointed to the late 1800’s. In reality this is a period with now fewer then 8 economic downturns that were significantly greater then the current one.

1869 June 1869 – Dec 1870 9.7−9.7%

Oct 1873 – Mar 1879 33.6−33.6%

Mar 1882 – May 1885 32.8−32.8%

Mar 1887 – April 1888 14.6−14.6%

July 1890 – May 1891 22.1−22.1%

Jan 1893 – June 1894 37.3−37.3%

Dec 1895 – June 1897 25.2−25.2%

June 1899 – Dec 1900 15.5−15.5%