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Debt increase by presidents: (Original Post) warrior1 Oct 2013 OP
Doesn't matter. Turbineguy Oct 2013 #1
Don't know where the twitter "statistics" are coming from. former9thward Oct 2013 #2
Not an accurate reflection kentuck Oct 2013 #3
Those are the actual dollars 'going out the door' during those years. former9thward Oct 2013 #4
Well almost everyone Savannahmann Oct 2013 #5
1835 is the only year the U.S. has had no debt. former9thward Oct 2013 #6

Turbineguy

(37,372 posts)
1. Doesn't matter.
Mon Oct 21, 2013, 11:31 AM
Oct 2013

These are just facts. What's important is who you can blame. "Tax and spend Democrats!"

former9thward

(32,082 posts)
2. Don't know where the twitter "statistics" are coming from.
Mon Oct 21, 2013, 11:38 AM
Oct 2013

These are the actual additions from Obama to Nixon. http://useconomy.about.com/od/usdebtanddeficit/p/US-Debt-by-President.htm

President Barack Obama: Added $5.081 trillion, a 44% increase to the $11.657 trillion debt level attributable to Bush's at the end of his last budget, FY 2009.

FY 2013 - $672 billion.
FY 2012 - $1.276 trillion.
FY 2011 - $1.229 trillion.
FY 2010 - $1.652 trillion.
FY 2009 - $253 billion. (Congress passed the Economic Stimulus Act, which spent $253 billion in FY 2009. This rare occurrence should be added to President Obama's contribution to the debt.)

President George W. Bush: Added $5.849 trillion, a 101% increase to the $5.8 trillion debt level at the end of Clinton's last budget, FY 2001.
FY 2009 - $1.632 trillion.(Bush's deficit without the impact of the Economic Stimulus Act).
FY 2008 - $1.017 billion.
FY 2007 - $501 billion.
FY 2006 - $574 billion.
FY 2005 - $554 billion.
FY 2004 - $596 billion.
FY 2003 - $555 billion.
FY 2002 - $421 billion.
President Bill Clinton: Added $1.396 trillion, a 32% increase to the $4.4 trillion debt level at the end of Bush's last budget, FY 1993.
FY 2001 - $133 billion.
FY 2000 - $18 billion.
FY 1999 - $130 billion.
FY 1998 - $113 billion.
FY 1997 - $188 billion.
FY 1996 - $251 billion.
FY 1995 - $281 billion.
FY 1994 - $281 billion.

President George H.W. Bush: Added $1.554 trillion, a 54% increase to the $2.8 trillion debt level at the end of Reagan's last budget, FY 1989.
FY 1993 - $347 billion.
FY 1992 - $399 billion.
FY 1991 - $432 billion.
FY 1990 - $376 billion.

President Ronald Reagan: Added $1.86 trillion, 186% increase to the $998 billion debt level at the end of Carter's last budget, FY 1981.
FY 1989 - $255 billion.
FY 1988 - $252 billion.
FY 1987 - $225 billion.
FY 1986 - $297 billion.
FY 1985 - $256 billion.
FY 1984 - $195 billion.
FY 1983 - $235 billion.
FY 1982 - $144 billion.

President Jimmy Carter: Added $299 billion, a 43% increase to the $699 billion debt level at the end of Ford's last budget, FY 1977.
FY 1981 - $90 billion.
FY 1980 - $81 billion.
FY 1979 - $55 billion.
FY 1978 - $73 billion.

President Gerald Ford: Added $224 billion, a 47% increase to the $475 billion debt level at the end of Nixon's last budget, FY 1974.
FY 1977 - $78 billion.
FY 1976 - $87 billion.
FY 1975 - $58 billion.

President Richard Nixon: Added $121 billion, a 34% increase to the $354 billion debt level at the end of LBJ's last budget, FY 1969.
FY 1974 - $17 billion.
FY 1973 - $31 billion.
FY 1972 - $29 billion.
FY 1971 - $27 billion.
FY 1970 - $17 billion.

kentuck

(111,110 posts)
3. Not an accurate reflection
Mon Oct 21, 2013, 12:21 PM
Oct 2013

Because Presidents cannot go fromtrillion dollar inherited deficits to zero deficits. The carryover deficits from Bush Jr incuded 2 wars, a depression, and high unemployment. Barack Obama gets charged with those ??

former9thward

(32,082 posts)
4. Those are the actual dollars 'going out the door' during those years.
Mon Oct 21, 2013, 12:25 PM
Oct 2013

Every president can argue, with justification, that he is being saddled with programs/problems of whoever came before. Whoever takes over from Obama will say the same thing. But at the end of the day you have to have some way to calculate the numbers.

former9thward

(32,082 posts)
6. 1835 is the only year the U.S. has had no debt.
Mon Oct 21, 2013, 12:36 PM
Oct 2013
Except for about a year during 1835–1836, the United States has continuously held a public debt since the US Constitution legally went into effect on March 4, 1789. Public debt as a percentage of GDP reached its highest level during Harry Truman's first presidential term, during and after World War II, but fell rapidly in the post-World War II period, and reached a low in 1973 under President Richard Nixon. Debt as a percentage of GDP has consistently increased since then, except during the presidencies of Jimmy Carter and Bill Clinton.

http://en.wikipedia.org/wiki/National_debt_of_the_United_States

So you are right.
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