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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: mistermj who wrote (208133)	11/9/2006 5:15:22 PM
From: geode00	Read Replies (1) \| Respond to of 281500

Go back and look at the NEW DEBT ANNUALLY chart on the website you got your graph from. Oh yeah, that big spike was WWII. marktaw.com "Annual New Debt, 1980 - Present Now this paints an interesting picture. Just look at the peak spending under Bush Sr. 431,989,899,919.78, and the least spending under Clinton, 17,907,308,271.43. That's 4%, or a 1 to 24 ratio."

To: mistermj who wrote (208133)	11/9/2006 5:26:19 PM
From: Noel de Leon	Read Replies (1) \| Respond to of 281500

Here is the national debt in 2000 dollars. brillig.com "As you can see, except for a rise at the end of World War II, the Debt remained remarkably constant for nearly forty years when inflationary forces are taken into account. After 1983 however, with the notable exception of the Fiscal Years ending in September of 2000 and 2001, the trend has been upward even when inflation is taken into account" You'll have to go to the source and see for your self that your post is flawed to say the least. "In real terms...you will have to blame Truman and Clinton for having the largest debt as a % of GDP. It appears Bush will reach Clinton's peak..." Just as important is that consumer debt is at historic highs as is the trade imbalance, a historic event in that this situation as not existed prior to Bush's term.