A review of the figures below shows the debt doubling (roughly) during these periods...
1950-1974 24 years
1960-1975 15 years
1970-1978 8 years
1975-1982 7 years
1977-1983 6 years
1980-1985 5 hears
1981-1986 5 years
1985-1992 7 years
1988-1996 8 years
1989-2000 11 years
Notice the trend.
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Historical Debt Outstanding - Annual
1950 - 2000
* Rounded to Millions
Includes legal tender notes, gold and silver certificates, etc.
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Date
Amount
09/30/2000
$5,674,178,209,886.86
09/30/1999
5,656,270,901,615.43
09/30/1998
5,526,193,008,897.62
09/30/1997
5,413,146,011,397.34
09/30/1996
5,224,810,939,135.73
09/29/1995
4,973,982,900,709.39
09/30/1994
4,692,749,910,013.32
09/30/1993
4,411,488,883,139.38
09/30/1992
4,064,620,655,521.66
09/30/1991
3,665,303,351,697.03
09/28/1990
3,233,313,451,777.25
09/29/1989
2,857,430,960,187.32
09/30/1988
2,602,337,712,041.16
09/30/1987
2,350,276,890,953.00
09/30/1986
2,125,302,616,658.42
12/31/1985
1,945,941,616,459.88
12/31/1984
1,662,966,000,000.00
*
12/31/1983
1,410,702,000,000.00
*
12/31/1982
1,197,073,000,000.00
*
12/31/1981
1,028,729,000,000.00
*
12/31/1980
930,210,000,000.00
*
12/31/1979
845,116,000,000.00
*
12/29/1978
789,207,000,000.00
*
12/30/1977
718,943,000,000.00
*
12/31/1976
653,544,000,000.00
*
12/31/1975
576,649,000,000.00
*
12/31/1974
492,665,000,000.00
*
12/31/1973
469,898,039,554.70
12/29/1972
449,298,066,119.00
12/31/1971
424,130,961,959.95
12/31/1970
389,158,403,690.26
12/31/1969
368,225,581,254.41
12/31/1968
358,028,625,002.91
12/29/1967
344,663,009,745.18
12/30/1966
329,319,249,366.68
12/31/1965
320,904,110,042.04
12/31/1964
317,940,472,718.38
12/31/1963
309,346,845,059.17
12/31/1962
303,470,080,489.27
12/29/1961
296,168,761,214.92
12/30/1960
290,216,815,241.68
12/31/1959
290,797,771,717.63
12/31/1958
282,922,423,583.87
12/31/1957
274,897,784,290.72
12/31/1956
276,627,527,996.11
12/30/1955
280,768,553,188.96
12/31/1954
278,749,814,391.33
12/31/1953
275,168,120,129.39
06/30/1953
266,071,061,638.57
06/30/1952
259,105,178,785.43
06/29/1951
255,221,976,814.93
06/30/1950
257,357,352,351.04
Updated January 31, 2001 |
