No, they are not. You simply cannot use percentages to compare when you use different bases for the comparison.
If you think this is "logical", lets use percentages this way:
Reagan added 1.86 trillion to our debt. Obama to date has added 6.103 trillion.
So, in comparing presidents, Obama has increased our debt by over 228% of what Reagan did.
The math is right, and this time it makes Obama look like the bad guy.
Do you agree with this set of figures as well?
Mark
Tell you what, since you seem so dedicated to this, you take all the debt under Reagan, adjusted for inflation, and all under Obama, adjusted as well, and then post them side by side. But it will never change the math of who increased the national debt the most as a percentage.
And keep this in mind:
$1.00 in 1980 had the same buying power as $3.04 in 2014.
Annual inflation over this period was 3.32%.
Have fun...
No, it won't change the math. But, since the math is set up to make a lie look reasonable, it can be done by anyone, just like the example I gave to you.
And now, you want me to adjust for inflation? Why? My lie is just as valid as yours is. I cannot make a lie the truth by adjusting it.
You can't make the math work out let alone your lies, so pass on both. Reagan was a Big Spender, get over it.
I already made the math "work". As I proved to you in my example. I never denied that Reagan was a big spender. I will simply state that using percentage with a sliding basis means...less than nothing.
I have a strong math background. It appears that most here do not.
I have already "proven" to you that Obama has outspent Reagan by over 200%. If my math is wrong I invite you to correct it.
Mark
Yes, it's wrong. Because you are using today's dollars, not adjusted for inflation and not used against any baseline, like GDP, which you believe to be more valid and I'm fine with. Here's how you might do it.
Reagan's debt, adjusted for inflation in 2014 dollars: 3.33 trillion
Obama's debt, in 2014 dollars: 8 trillion.
he presi
Now run those against GDP.
Reagan GDP, adjusted for inflation in 2014 dollars was 10.6 trillion
Obama GDP, in 2014 dollars was 16.7 trillion.
So, is there a problem here? You bet your ass there is, but as a percentage is Obama the big spender? Nope, Reagan is. And Clinton wipes the floor with both of them.