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To: Cogito Ergo Sum who wrote (74353)

4/15/2019 11:51:55 PM

From: louel

Read Replies (1) | Respond to of 74559

When considering Presidential debt. It cannot be fairly measured in a dollar figure. or in percentage against former debt. as the lower the starting point the percentage gain is greater with the same dollar figure than if the starting point is higher. Debt is also is affected by how well they manage the economy. The more people working the higher the tax collection by Government. Thus lower food stamp or welfare costs.

The most accurate method is the GDP / Debt ratio which reveals economic management Vs spending. As you can see the first year by the connecting white line. A Presidents first year spending figure was incurred by the preceding President. But is billed to the incoming one. As yearly filings are not reported till after the outgoing President is gone.

Viewing the graph starting 2008 Obama got hit hard with George Bush's last year The Year of the Bank bailouts. Brought on by Clinton's 1996 Affordable housing act.
This shows Trumps GDP/Debt ratio, has been relatively flat since assuming office. So in reality his policies are proving to be very successful

2008	$10,025	68%	Bank bailout. QE.
2009	$11,910 ($11,000 on Mar 16 and $12,000 on Nov 16)	83%	Bank bailout cost $250 b. ARRA added $241.9 b.
2010	$13,562 ($13,000 on Jun 1 and $14,000 on Dec 31)	90%	ARRA added $400 b. Payroll tax holiday ended. Obama Tax cuts. ACA. Simpson-Bowles
2011	$14,790 ($15,000 on Nov 15)	95%	Debt crisis. Recession and tax cuts reduced revenue.