National Debt by President

Discussion in 'Economy' started by Toro, May 14, 2010.

  1. Toro
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    Toro Diamond Member

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  2. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    As this graph ends only one month into Obama's term (through February 27, 2009) - most of his damage is not included. To call this The Big Picture is nonsense.
     
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    Last edited: May 14, 2010
  3. Zander
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    Zander Platinum Member

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    They had to stop there, they'd run out of paper if they put Obama's numbers on the graph........
     
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  4. Oddball
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    Oddball Diamond Member Supporting Member

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    Bush's third term.
     
  5. Ravi
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    Ravi Diamond Member

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    That graph makes it clear how bad Dubya actually was as a president. Reagan doesn't look much better...if any.
     
  6. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    More like the bastard spawn of Bush and Carter's first term.
     
  7. Oddball
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    Oddball Diamond Member Supporting Member

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    And just for the record, all Reagan and BushI did was trade the deficits for 12+% inflation and 20+% interest rates, while Bubba only shrank spending and the overall deficit by emasculating the military.

    All of which merely put Band-Aids on the impending demographic bomb about to explode, viz. entitlement spending.
     
  8. Ravi
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    Ravi Diamond Member

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    :rolleyes:
     
  9. Samson
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    Samson Póg Mo Thóin Supporting Member

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    The article is basically justifying Obama's FDR-level Deficite spending as a % of GDP because the current economy is so bad.
     
  10. kwc57
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    kwc57 BOHICA Obama

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    "You know, Paul, Reagan proved deficits don't matter." - VP Dick Cheney
     

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