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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (37272)1/8/2013 12:10:00 AM
From: Sdgla2 Recommendations  Read Replies (1) | Respond to of 85487
 
Looks to me like 81 was a walk in the park... Maybe you should take a walk .. Take a look around with both eyes.

US Federal Debt since the Founding


Click chart for briefing on Federal Debt.
For numbers from 1792-2016 click here.

The United States federal government began with a substantial debt, the cost of the Revolutionary War. Under Alexander Hamilton’s funding system the debt was paid off by 1840. Government debt has typically peaked after wars. It breached 30 percent of GDP after the Revolutionary War, the Civil War, and World War I. It breached 100 percent of GDP in World War II. Government debt also breached 100 percent of GDP in the aftermath of the financial crisis of 2008.



To: Wharf Rat who wrote (37272)1/8/2013 6:56:00 AM
From: Little Joe2 Recommendations  Respond to of 85487
 
Yes and everyone of those democrats is mother theresa and cares only for the poor and downtrodden.

What a crock.

lj