JFlorio wrote:
The worst feature in our underlying economy is debt. Does anyone truly believe the Democrats will do better on debt reduction?
1950-1953
Truman was President - Democrat
Beginning of term
National debt 257,357,352,351
Increase 3%
Average per annum 1.5%
Eisenhower was President from 1953-1961 -Republican
Beginning of term
National debt 266,071,061,238
End of term 288,970,938,610
Increase 12%
Average per annum 1.5%
President Kennedy 1961-1963 - Democrat
Beginning of term 288,970,938,610
End of term 305,859,632,996
Increase 6%
Average per annum 3%
President Johnson 1963-1969 - Democrat
Beginning of term 305,859,632,996
End of term 353,720,253,841
Increase 16%
Average per annum 3%
President Nixon 1969-1974 - Republican
Beginning of term 353,720,253,841
End of term 475,059,815,731
Increase 25%
Average per annum 5%
President Ford 1974-1977 -Republican
Beginning of term 475,059,815,731
End of term 698,840,000,000
Increase 47%
Average per annum 16%
President Carter 1977-1981 - Democrat
Beginning of term 698,840,000,000
End of term 997,855,000,000
Increase 43%
Average per annum 11%
President Reagan 1981-1989 -Republican
Beginning of term 997,855,000,000
End of term 2,857,430,960,187
Increase 186%
Average per annum 23%
President Bush Sr 1989-1993 -
Republican
Beginning of term 2,857,960,187
End of term 4,411,488,883,139
Increase 54%
Average per annum 13.5%
President Clinton 1993-2001 Democrat
Beginning of term 4,411,488,883,139
End of term 5,807,463,412,200
Increase 32%
Average per annum 4%
President Bush Jr 2001-2009 -Republican
Beginning of term 5,807,463,412,200
End of term 11,909,829,003,511
Increase 105%
Average per annum 13%
President Obama 2009-2017 - Democrat
Beginning of term 11,909,829,003,511
End of term 20,244,900,016,053
Increase 70%
Average per annum 9%
President Trump 2017- Current
Beginning of term 20,244,900,016,053
2019 - 22,719,401,753,433
Increase 1%
Average per annum .5%
Reference Tables
1950-1999
https://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo4.htm2000-2019
https://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm