% Increase In Debt By President

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http://useconomy.about.com/od/usdebtanddeficit/p/US-Debt-by-President


President Barack Obama: Added $6.103 trillion, a 52% increase

President George W. Bush: Added $5.849 trillion, a 101% increase

President Bill Clinton : Added $1.396 trillion, a 32% increase

President George H.W. Bush: Added $1.554 trillion, a 54% increase

President Ronald Reagan: Added $1.86 trillion, 186% increase

President Jimmy Carter: Added $299 billion, a 43% increase

President Gerald Ford: Added $224 billion, a 47% increase

President Richard Nixon : Added $121 billion, a 34% increase

President Lyndon B. Johnson : Added $42 billion, a 13% increase

President John F. Kennedy : Added $23 billion, a 8% increase

President Dwight Eisenhower : Added $23 billion, a 9% increase

President Harry Truman : Added $7 billion, a 3% increase

President Franklin D. Roosevelt : Added $236 billion, a 1,048% increase

President Herbert Hoover : Added $6 billion, a 33% increase

President Calvin Coolidge: Subtracted $5 billion from the debt, a 26% decline

President Warren G. Harding: Subtracted $2 billion from the debt, a 7% decline

President Woodrow Wilson: Added $21 billion to the debt, a 727% increase
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[Statistikhengst]

This is the CORRECT way to measure debt accumulation.

 

[S.J.]

This is the CORRECT way to measure debt accumulation.

No it isn't. The debt, as a percentage of gdp is the CORRECT way to measure it. The debt was 49% of the gdp when Reagan left office, it's 99% under Obama, and that was LAST year. He is destroying our economy. Wake the hell up.

National Debt by Year Compared to GDP and Major Events

 

[Statistikhengst]

This is the CORRECT way to measure debt accumulation.

No it isn't. The debt, as a percentage of gdp is the CORRECT way to measure it. The debt was 49% of the gdp when Reagan left office, it's 99% under Obama, and that was LAST year. He is destroying our economy. Wake the hell up.

National Debt by Year Compared to GDP and Major Events

It was 116% in 1945. Did Roosevelt/Truman destroy us? Nope.

Wake up.

 

[Politico]

Someone really hates Booosh.

 

[NYcarbineer]

The only correct way to blame any debt accumulation on any president is to prove that it was the president's fault.

 

[NYcarbineer]

Someone really hates Booosh.

Whenever someone says that Obama is the worst president at this, or biggest failure at that, or any such similar superlative,

they are comparing him to the other presidents. That makes 'Boosh' or any other president automatically on-topic.

 

[The Rabbi]

This is the CORRECT way to measure debt accumulation.

Because it makes Obama look good, right. You're a nudnik and a half. Like that's news.
The figures are wrong anyway. Debt was 10T when Obama took office. It's 18T today.
Only liberals can claim 5 is more than 6.

 

[The Rabbi]

This is the CORRECT way to measure debt accumulation.

No it isn't. The debt, as a percentage of gdp is the CORRECT way to measure it. The debt was 49% of the gdp when Reagan left office, it's 99% under Obama, and that was LAST year. He is destroying our economy. Wake the hell up.

National Debt by Year Compared to GDP and Major Events

It was 116% in 1945. Did Roosevelt/Truman destroy us? Nope.

Wake up.

It was that high to finance WW2, which was temporary. Spending declined dramatically after 1945. With Obozo spending is on a permanantly high plateau, headed higher.

 

[Mac1958]

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Would that it were this easy.

Presidencies don't exist in a vacuum. They don't start at Square One. Actions taken by Presidents and Congresses are based on conditions, and those conditions could very well be the result policies of former administrations. Domestic/economic conditions, foreign/military conditions.

Yes, administrations are responsible for their policies and actions, and it's (probably) safe to say a majority of data is a direct reflection of presidential/congressional policy. But life is not partisan black & white, it's nuance.

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[The Rabbi]

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Would that it were this easy.

Presidencies don't exist in a vacuum. They don't start at Square One. Actions taken by Presidents and Congresses are based on conditions, and those conditions could very well be the result policies of former administrations. Domestic/economic conditions, foreign/military conditions.

Yes, administrations are responsible for their policies and actions, and it's (probably) safe to say a majority of data is a direct reflection of presidential/congressional policy. But life is not partisan black & white, it's nuance.

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Presidents also have to work with Congress, which actually passes spending bills. So the blame is spread around. Bush allowed the GOP to spend like Dems in his first term. One reason the GOP lost so badly in 06 and 08. Obozo never found a problem that more government couldn't fix.

 

[Statistikhengst]

This is the CORRECT way to measure debt accumulation.

Because it makes Obama look good, right. You're a nudnik and a half. Like that's news.
The figures are wrong anyway. Debt was 10T when Obama took office. It's 18T today.
Only liberals can claim 5 is more than 6.

Actually, it doesn't. 52% is not good. But it is decidedly better than 101% or 186% (Bush 43, Reagan).

 

[Statistikhengst]

This is the CORRECT way to measure debt accumulation.

No it isn't. The debt, as a percentage of gdp is the CORRECT way to measure it. The debt was 49% of the gdp when Reagan left office, it's 99% under Obama, and that was LAST year. He is destroying our economy. Wake the hell up.

National Debt by Year Compared to GDP and Major Events

It was 116% in 1945. Did Roosevelt/Truman destroy us? Nope.

Wake up.

It was that high to finance WW2, which was temporary. Spending declined dramatically after 1945. With Obozo spending is on a permanantly high plateau, headed higher.

Yes, it was. But the point remains. 116% did not destroy the country. So, how is 98% going to?

 

[NYcarbineer]

About 2 trillion of the government spending since Obama became president is interest on the debt accumulated under past presidents.

That's the sort of expenditure you have to factor out in your quest to blame Obama for all of the deficits and debt accumulation over the past 6 years.

 

[The Rabbi]

About 2 trillion of the government spending since Obama became president is interest on the debt accumulated under past presidents.

That's the sort of expenditure you have to factor out in your quest to blame Obama for all of the deficits and debt accumulation over the past 6 years.

Id ask for some kind of proof but thats the sort of thing you do when dealing with people who are serious, informed, and committed to legitimate discussion.

 

[NYcarbineer]

About 2 trillion of the government spending since Obama became president is interest on the debt accumulated under past presidents.

That's the sort of expenditure you have to factor out in your quest to blame Obama for all of the deficits and debt accumulation over the past 6 years.

Id ask for some kind of proof but thats the sort of thing you do when dealing with people who are serious, informed, and committed to legitimate discussion.

Add up the interest on the debt from 2009 to 2014. You've heard of the interest on the debt, right?

 

[zeke]

About 2 trillion of the government spending since Obama became president is interest on the debt accumulated under past presidents.

That's the sort of expenditure you have to factor out in your quest to blame Obama for all of the deficits and debt accumulation over the past 6 years.

Id ask for some kind of proof but thats the sort of thing you do when dealing with people who are serious, informed, and committed to legitimate discussion.

You tell'em rabbit. How people don't know that George Bush left Obama a GREAT economy with soaring employment, no debt and no economic collapse to deal with. The budget was balanced and everything was great.
So says the rabbit. Right rabbit?

 

[zeke]

Add up the interest on the debt from 2009 to 2014. You've heard of the interest on the debt, right?

Rabbits don't know nothing about no interest on debt. In rabbit world, every new President starts with a clean slate. A balanced budget and increased revenue from tax cuts.

Right rabbit?

 

[The Rabbi]

About 2 trillion of the government spending since Obama became president is interest on the debt accumulated under past presidents.

That's the sort of expenditure you have to factor out in your quest to blame Obama for all of the deficits and debt accumulation over the past 6 years.

Id ask for some kind of proof but thats the sort of thing you do when dealing with people who are serious, informed, and committed to legitimate discussion.

Add up the interest on the debt from 2009 to 2014. You've heard of the interest on the debt, right?

I am certain you can supply proof.
Oh wait. No, you can't.

 

[NYcarbineer]

About 2 trillion of the government spending since Obama became president is interest on the debt accumulated under past presidents.

That's the sort of expenditure you have to factor out in your quest to blame Obama for all of the deficits and debt accumulation over the past 6 years.

Id ask for some kind of proof but thats the sort of thing you do when dealing with people who are serious, informed, and committed to legitimate discussion.

Add up the interest on the debt from 2009 to 2014. You've heard of the interest on the debt, right?

I am certain you can supply proof.
Oh wait. No, you can't.

I just gave you the proof. Don't tell me don't know what interest on the debt is.