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View Full Version : U.S. Debt by Presidents- Trillions and Increase Debt/GDP percentage points



Losthwy
04-14-2011, 04:12 PM
Democrats
(Debt In Trillions) and Increase Debt/GDP in percentage points
Jimmy Carter .28, -3.0
Bill Clinton 1.18, -0.7
Bill Clinton .45, -9.0
---------------------------------
Average .64, -4.23

Republicians
Ronald Reagan .66, +1.3
Ronald Reagan 1.04, +9.3
George H. Bush 1.4, +15.0
George W. Bush 1.73, +7.1
George W. Bush 2.63, +20.0
------------------------------------
Average 1.49, +10.54

http://en.wikipedia.org/wiki/National_debt_by_U.S._presidential_terms

dnf777
04-14-2011, 05:44 PM
Democrats
(Debt In Trillions) and Increase Debt/GDP in percentage points
Jimmy Carter .28, -3.0
Bill Clinton 1.18, -0.7
Bill Clinton .45, -9.0
---------------------------------
Average .64, -4.23

Republicians
Ronald Reagan .66, +1.3
Ronald Reagan 1.04, +9.3
George H. Bush 1.4, +15.0
George W. Bush 1.73, +7.1
George W. Bush 2.63, +20.0
------------------------------------
Average 1.49, +10.54

http://en.wikipedia.org/wiki/National_debt_by_U.S._presidential_terms

And its misleading to "average" the debt increase. That's cumulative, not averaged in the ledger books. :( You made W look better than he really was.

huntinman
04-14-2011, 10:40 PM
you left off the biggest perpetrator of all time.

Marvin S
04-14-2011, 10:56 PM
Democrats
(Debt In Trillions) and Increase Debt/GDP in percentage points
Jimmy Carter .28, -3.0
Bill Clinton 1.18, -0.7
Bill Clinton .45, -9.0
---------------------------------
Average .64, -4.23

Republicians
Ronald Reagan .66, +1.3
Ronald Reagan 1.04, +9.3
George H. Bush 1.4, +15.0
George W. Bush 1.73, +7.1
George W. Bush 2.63, +20.0
------------------------------------
Average 1.49, +10.54

http://en.wikipedia.org/wiki/National_debt_by_U.S._presidential_terms

What would have been interesting would have been some analysis by yourself. What conclusions would you draw from that raw data?

Here's mine - Though Clinton gets credit for a balanced budget he negelected the Armed Forces - Maybe the defense spending contributes more than some would like to believe.

While not happy with either Reagan or the Bush's lack of using the veto pen apparently that defense spending adds something to the pot :). Though I believe it could be toned down some.

Like Bill posted, the O person's record will be interesting. Funny money regards.

duckheads
04-15-2011, 01:37 PM
I believe one also has to look at who had control of congress during those presidencies!

Losthwy
04-15-2011, 03:33 PM
I believe one also has to look at who had control of congress during those presidencies!

And you can by going to the link.

Steve Hester
04-15-2011, 08:03 PM
Obama will put all of them to shame!!:rolleyes: