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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: joefromspringfield who wrote (53953)	7/25/2011 2:48:05 PM
From: DuckTapeSunroof	1 Recommendation Read Replies (1) \| Respond to of 103300

I believe you are confusing the words "annual deficit" with "national debt" and absolute numbers with relative measures (i.e. "per capita" with "absolute")..... BOTH "national debt per capita" AND "federal deficits as a percent of GNP" went DOWN during his years. While the American population as a whole continued to increase of course. NATIONAL DEBT BY US PRESIDENTIAL TERM: en.wikipedia.org U.S. president? Kennedy/Johnson Party? D Term years? 1961–1965 Start debt/GDP? 55.2% End debt/GDP? 46.9% Increase debt ($T)? 0.03 Increase debt/GDP (in percentage points)? -8.3% House Control (with # if split during term)? D Senate Control (with # if split during term)? D --------------------------------------------------------------------- U.S. president? Lyndon Johnson Party? D Term years? 1965–1969 Start debt/GDP? 46.9% End debt/GDP? 38.6% Increase debt ($T)? 0.04 Increase debt/GDP (in percentage points)? -8.3% House Control (with # if split during term)? D Senate Control (with # if split during term)? D -------------------------------------------------------------------- United States federal budget en.wikipedia.org -------------------------------------------------------------------- Historical budget statistics (for the earlier years, like the 'sixties), GPO gpoaccess.gov -------------------------------------------------------------------- National Debt (1940 on....) zfacts.com Public debt Gross debt and public debt are different. Public debt is the gross debt minus intra-governmental obligations (such as the money that the government owes to the two Social Security Trust Funds, the Old-Age, Survivors, and Disability Insurance program, and the Social Security Disability Insurance program).[9] The figure below shows the trend in public debt with the background colored by the party controlling the executive. The color of the trend line does not represent party affiliation; only the background does. Time series of U.S. public debt overlaid with partisan affiliation of the White House. The upper graph shows the U.S. public debt in trillions of USD while the lower graph shows the U.S. public debt as a percentage of GDP. (Data are from the 2009 U.S. Budget.)