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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (116015)	10/16/2014 9:51:11 PM
From: John Vosilla	Read Replies (1) \| Respond to of 116555

History of the United States public debt Federal debt held by the public as a percentage of gross domestic product, from 1790 to 2013, projected to 2038 The United States public debt as a percentage of GDP reached its highest level during Harry Truman's first presidential term, during and after World War II. Public debt as a percentage of GDP fell rapidly in the post-World War II period, and reached a low in 1973 under President Richard Nixon. The debt has consistently increased since then, except during the terms of Democratic presidents Jimmy Carter and Bill Clinton. Public debt as a share of GDP rose sharply in the late 2000s, rising in the wake of the Great Recession under president Barack Obama en.wikipedia.org .