Ronald Reagan’s First Term – $656 billion increase
Ronald Reagan’s Second Term – $1.036 trillion increase
Barack Obama’s First Term – $5.806 trillion increase
A lie. Shocking.
Yes, Ronnie tripled the debt that EVERY other US Prez created, Dubya doubled it and Obama will, even though Dubya handed him the worst economy since the GOP's great depression and Korean war levels of revenues (less than 15% of GDP), Obama will increase debt by only 70%
Barack Obama will have increased the national debt by more than all of the other Presidents that we've ever had COMBINED by the time he leaves office! When he took office the national debt stood at $10.6 trillion...it's now over 18 trillion with two years to go. When he leaves office it will be over 20 trillion dollars.
You think Reagan was a big spender when he spent less than 2 trillion in the same amount of time? Did you fail math at the elementary school level and then just give up trying to learn it after that?
You've got
less than two trillion dollars and you've got
more than 10 trillion. Now which person spent more? Duh?