US Debt by President - no explanation neccessary

1 comment:

Chief Instructor said...

Personally, I don't like it when they compare debt to GDP. It hides big deficit spending when the economy is booming. The analogy is that you're piling up personal debt when you're in your earning hayday. But that debt is still owed.

Bush gave us the biggest amount of debt of any president, ever. In fact, the debt we racked up under his terms was roughly equal to all presidents before him.

The disgusting thing is, Barry O is on track to make Bush look like a piker...