The federal deficit went from 4.5 percent of GDP in 1933 to 5.9 percent in 1934, not a huge increase.

联邦财政赤字在1933年来自于GDP的4.5%，1934年为5.9%，增幅并不大。

youdao

This may be true at the national level: the combination of a huge federal deficit and a bitterly partisan political culture has rendered government catatonic.

ECONOMIST: Lexington

And they say, the huge and growing federal deficit.

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These people see the federal budget deficit, the huge debt burden and the risk of a stagflation-type environment of low growth and high inflation, and cannot understand how investors could be piling into bonds.

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