17 thoughts on “U.S. debt chart”

  1. What year did Bush take office? Oh, that’s right, just when the debt took a nose dive.

    What’s that flat period called just before the Bush years? Oh yeah, that was the Clinton Years.

  2. Clinton: -4 to little under 6
    Bush: little under 6 to 8.99

    Oh yeah truly a GIANT difference. Wait to you see what obama does.

  3. Looks like it was Carter in 80, from 81 to 89 was Regan, from 89 to 93 was Bush Sr., from 93 to 01 was Clinton, and from 01 to today (but not tomorrow) was Bush Jr. I know people of each party like to blame the other party for all the downfalls, but personally I feel the majority of politicians suck, and all parties are just as equally responsible for screwing things up. And don’t let us forget the bankers and wall street money mongers that helped to put us in this nice recession.

  4. No president R. or D. can take full credit or blame for the amount of the debt it has to be shared with congress.

  5. Bunch of addicts tacking on all kinds of dollars to unrelated pet projects. I think we need to boot them all and start over with people who are concerned with more than getting reelected the next term.

  6. Or perhaps people could vote their conscience rather than their pocketbook. Blaming the politicians solely is a bit disingenious, since the people who elect them are equally culpable.

  7. I think there’s an opportunity for a 3rd party to emerge whose platform is focused on fiscal prudence. Neither the Democrats nor the Republicans have managed to control spending, and with Obama talking about multi-trillion dollar annual deficits, the US debt load is on a path to becoming completely unmanageable. If you think the current recession is bad, it’ll be nothing if the US spends themselves into the point they are indistinguishable from a banana republic. When you can’t borrow any more money on the international markets, what do you do? Print money and cause out of control inflation? Devalue the currency indefinitely?

  8. For all of you with BDS, just wait until you see the massive debt obama the illegal runs up!

    The change we got screwed with!

    The hope we can get rid of him yesterday!

    I’ll will be waiting for the 44th President to deal with this disaster obama the 1st ILLEGAL will leave us with.

    Nothing he does will be legal or binding. He is Unconstitutional. And the mess this will create will be enormous!

    The real 44th President will be very busy putting things right.

    I am glad that yesterday my retirement from the Guard was official. That way I do not have to question whether any order is from the President and therefore an illegal order I could be criminally libel if I follow it. I feel so sorry for the rest of our military. They are so very screwed as are the rest of us.

    Guard SGT (ret)

  9. This is why I don’t get what all the fuss is about things changing fiscally. Congress controls the purse, that is laid out in the constitution. There are things the president can do to curb the spending, however the biggest reforms need to come in entitlements which both clinton and bush 2 attempted to take on. Clinton finally gave up and just raised the amount taken from income for SS(its not a tax). Bush got much more ambitious however his ideas never got any traction on either side and eventually just died. No one in congress wants to rock the boat on this one, since their afraid they won’t get elected for the twentieth time(hyperbole). Until someone in congress is willing to take on one of these ideas, the deficits will simply continue to grow.

  10. SGT,
    Some of that debt went to pay for your salary and benefits. May be you can return some, or give up the benefits in the future.

    Didn’t think so.

  11. It’s already way out of date. The debt surpassed 10 Trillion some time ago. The present economic downturn (note to SGT – Bush caused), will mean a large increase is inevitable. The US national debt is, and has been for some years unsustainable. The only reason we have got this far is because the treasury can print money because other countries want a stable currency to invest in. That is now changing, and once other countries look elsewhere, be prepared for inflation on an absolutely massive scale, and the “American way of life” ceasing to be.

    As an adjunct, The US Federal debt is now at over $36,000 for every American man, woman and child or for a family of four, $144,000.00.

    At some point in the not too distant future, unless Obama can pull off an absolute miracle, this will be the downfall of the US, just like every empire in history, without exception.

  12. From the Rehtoric, anyone can see none of you have a clue. First off. Up until Jan 2009 the President can not spend any money unless congress approves the expenditure. President Obama and his extreme Democratic congress has increased the current defict twice the amount it was in 2008 which is not lested here. If the President’s Health Care bill passes that will increase the Debt to 28 trillion dollars. Most of you do not know what a trillion is $1,000,000,000,000. Did anyone mention that that went to War in 2001. Military equipment gets expensive. And befor you all go crazy about Preident Bush getting us into war. The British, Canadians, Germans, Austrailians and France all go fooled.

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