Which President was most responsible for the National debt?

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by GSD Admin on 19 January 2013 - 03:01

1) Ronald Reagan (1981-1989): Inherited roughly $908 billion in debt, and took it up to $2.6 trillion. Change: +186%.

2) George H.W. Bush (1989-1993): Took Reagan’s $2.6 trillion up to $4.2 trillion. Change: +62%.

3) Bill Clinton (1993-2001): Took Bush’s $4.2 trillion up to $5.7 trillion. Change: +36%.

4) George W. Bush (2001-2009): Took Clinton’s $5.7 trillion up above $10.6 trillion. Change: +86%.

5) Barack Obama (2009-2010): So far, has taken Bush’s $10.6 trillion up to $13 trillion. Change: +23%.

Those fiscal conservatives. lmao.

by Keith Grossman on 19 January 2013 - 03:01

No fair using facts.

by Felloffher on 19 January 2013 - 03:01

Actually it's 16.4 trillion to date and estimated to be at 22-23 trillion by the end of his second term. I can go back and find the article written by a financial writer if you like.

by Red Sable on 19 January 2013 - 11:01

LOL.

by Ninja181 on 19 January 2013 - 13:01

Your data is incomplete, as one of those presidents only served one term. He has 4 more years left before you can do an honest comparison.

You should have known that.

by Red Sable on 19 January 2013 - 17:01

No fair using facts Ninja.