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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (36003)7/17/2009 1:47:40 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 71588
 
Right... so the chart *doesn't display* "spending" at all.

What is shows is NET NATIONAL DEBT.

As far as the rest: I did not venture opinions about 'why' national debt increased during those 20 years when it increased, nor about why all the others were able to pay down debt and the Bushs and Reagan could not. Aside from *one* probably glaringly obvious point that I drew: that the key seemed to be growing GNP simultaneously with not increasing federal spending as fast as GNP was increasing.

(At least, that is what happened during the Presidential terms when national debt DECLINED.)

Aside from that one lone comment, I merely observed the indisputable historical facts contained in the national debt chart.