SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maple MAGA who wrote (1180058)11/25/2019 2:04:50 PM
From: Jamie153  Read Replies (1) of 1572715
 
US debt as a % of GDP fell nearly every year from 1947-1981 (except a tiny bump in 1980). In 81, it fell again. Then the Reagan tax cut.

Debt as a % GDP.
Beginning in 1981.

31.8
34.3
38.8
39.6
42.6
46.8
49.2
50.6
51.6


A few years later we had the Clinton tax increase and the debt began to fall again. But not for long. Bush cut taxes numerous times and undid every penny of debt reduction. Then the Great Recession hit and all hell broke loose.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News