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

To: DuckTapeSunroof who wrote (36005)	7/17/2009 2:21:13 PM
From: TimF	Read Replies (1) \| Respond to of 71588

I only noted that EVERY PRESIDENTS' TERM --- since WW II --- had succeeded in paying down the massive accumulation of federal debt we had on the books... up until Reagan In many ways that's the same thing I'm saying, just with a different spin. I'm focusing on the trend, there was a consistent downtrend in the debt to GDP levels (which isn't surprising considering the early points of that downtrend where from the massive and unprecedented WWII levels, and the later points coincided with inflating away debt), then there was a fairly consistent trend the other way (with only a short term move against the trend that coincided with several unusual circumstances).