On this earlier post, I guess it matters what the output gap was. Deficit spending would be worthwhile in 92-94 if there was an output gap, no?

Data from the IMF:

Output gap in percent of potential GDP
Percent of potential GDP

1991         1992         1993         1994         1995         1996         1997              
-2.160     -1.370      -1.156         0.067       -0.292       0.347        1.607