A few facts for my fiscal conservative friends.
The federal debt as a percent of GDP( gross domestic product)
by presidential terms.
Jimmy Carter Dem. 1977-81 start of term 35.8% end of term 32.6% increase in national debt to GDP -3.2%
Ronald Reagan Repub. 1981-85 start of term 32.6% end of term 43.9% increase of national debt to GDP +11.3%
Ronald Reagan Repub. 1985-89 start of term 43.9% end of term
53.1% increase of national debt to GDP +9.2%
Gearge H.W. Bush Repub. 1989-93 start of term 53.1% end of term 66.2% increase of national debt to GDP +13.1%
Bill Clinton Dem. 1993-97 start of term 66.2% end of term 65.6% increase in national debt to GDP -0.6%
Bill Clinton Dem. 1997-2001 start of term 65.6% end of term 57.4% increase in national debt to GDP -8.2%
George W. Busch Repub. 2001-05 start of term 57.4% end of term 64.3% increase in national debt to GDP +6.9%
George W. Busch Repub. 2005-09 start of term 64.3% end of term 75.5% increase in national debt to GDP +11.7%
Where were all of you at when your republican presidents were putting this country in such a debt that our kids and grandkids will have to pay for?
Any wonder why Americans turn to Democrats to fix the ecomomy?
The federal debt as a percent of GDP( gross domestic product)
by presidential terms.
Jimmy Carter Dem. 1977-81 start of term 35.8% end of term 32.6% increase in national debt to GDP -3.2%
Ronald Reagan Repub. 1981-85 start of term 32.6% end of term 43.9% increase of national debt to GDP +11.3%
Ronald Reagan Repub. 1985-89 start of term 43.9% end of term
53.1% increase of national debt to GDP +9.2%
Gearge H.W. Bush Repub. 1989-93 start of term 53.1% end of term 66.2% increase of national debt to GDP +13.1%
Bill Clinton Dem. 1993-97 start of term 66.2% end of term 65.6% increase in national debt to GDP -0.6%
Bill Clinton Dem. 1997-2001 start of term 65.6% end of term 57.4% increase in national debt to GDP -8.2%
George W. Busch Repub. 2001-05 start of term 57.4% end of term 64.3% increase in national debt to GDP +6.9%
George W. Busch Repub. 2005-09 start of term 64.3% end of term 75.5% increase in national debt to GDP +11.7%
Where were all of you at when your republican presidents were putting this country in such a debt that our kids and grandkids will have to pay for?
Any wonder why Americans turn to Democrats to fix the ecomomy?
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