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Politics : American Presidential Politics and foreign affairs
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To: longnshort who wrote (32931)2/18/2009 5:23:57 PM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
Heritage Org's chart showing all Federal Deficits by recent Presidents:

(Heritage.org's figures are taken from the exact same official source that I took mine from when I posted the "REAL national debt" numbers for every post WW II Presidency --- measured as the "percentage of GNP".

Source: Deficits from FY 2009 Historical Tables, Budget of the United States Government, Table 1.2.

Same as I, (although Heritage failed to post the very good Truman and Eisenhower records that I did...), their chart makes EXTREMELY CLEAR that the *WORST* federal deficits were rung-up by: Reagan, Bush I, Ford, and Bush II.... with Bill Clinton posting the best deficit record since the 1950s:



Average Federal Deficit as a Percentage of GDP, by Administration

(Truman and Eisenhower actually net paid down deficits... while Clinton nearly did, posting only a tiny 0.1 increase over his full eight years. But Reagan and Bush I and Ford and Bush II were the biggest budget-busters of all.)

PS --- Bush II's deficit numbers are likely to inch a little higher still... I understand that his last year's number (2008) is still inferred, not yet final. Likely to be revised upward when final revisions are made.

author.heritage.org
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