> and quadrupled the deficit while tripling the debt.<
The debt increased about 1.7Trillion over his 8 years, Chump Change in todays out of control comparables.
So our National Debt would only be 16Trillion instead of 18 Trillion.
The Nation exited the Carter Administration with CPI at 13.5%, and Unemployment at 7.5%.
We exited the Reagan Administration with CPI at 4.1% and Unemployment at 5.4%.
Created 20MM new jobs, or nearly 10% of the population at the time.
One of the greatest, if not Thee Greatest Economic Expansion of our times.
economix.blogs.nytimes.com
"With all those caveats, here are the annualized growth rates for real G.D.P. for every president who took office after the end of World War II."
They are listed in reverse order of growth.
Barack Obama, 1.2% annual G.D.P. growth rate (previously 1.5%)
George W. Bush, 1.6% (previously 1.7%)
George H.W. Bush, 2.1%
Gerald Ford, 2.2%
Dwight Eisenhower, 2.5%
Richard Nixon, 3.0%
Jimmy Carter, 3.2%
Ronald Reagan, 3.5%
Bill Clinton, 3.8%
Lyndon B. Johnson, 5.0%
John F. Kennedy, 5.4%
And so it goes,
PCSTEL |
