Federal Debt Has Increased by an average 4.7% under Democratic Presidents but by an average 7.9% under Republican Presidents 1946-2015

  • Posted by a hidden member.
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    Apr 08, 2016 1:06 PM GMT
    theantijock%20engage%20stalker%20reducti

    [url]http://www.truthfulpolitics.com/http:/truthfulpolitics.com/comments/u-s-federal-debt-by-president-political-party/?utm_source=twitter&utm_medium=friendly%2Blinks&utm_campaign=twitter%2Bfl%2Bplugin[/url]

    Mar 21 2016 U.S. Federal Debt by President / Political Party

    truthful politics reviewed U.S. debt statistics provided by the U.S. Office of Management and Budget. The Office of Management and Budget provides the official numbers on debt for the U.S. Below are several charts and pieces of information on U.S. federal debt....

    ...When excluding World War II (therefore, 1946 to end of year 2015), the average increase in the federal debt was 4.7% under a Democratic President and 7.9% under a Republican President. The Republican President percentage remains the same when excluding World War II, because the United States had Democratic Presidents during World War II.

    2010-06-09-FINALYEP2.jpg
  • musclmed

    Posts: 3279

    Apr 08, 2016 1:18 PM GMT
    A website with truth in the URL. I Think not.

    Anyone who can add can and be truly honest would add up the expenditures of the new deal and other dem programs "over time". Not lumping them into the numbers and letting them run into other terms.
    The data display is pure garbage. Also since Congress appropriates money, what kind of statement is this making?

    Here is my analysis the OP is really scared about the Nov 2016 election.
  • Posted by a hidden member.
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    Apr 10, 2016 2:16 PM GMT
    http://www.snopes.com/politics/politicians/nationaldebt.asp
    Claim: Chart compares changes in the U.S. national debt over the last several presidencies.
    debt2.jpg

    From these records, we gleaned the following information:

    Ronald Reagan:
    Took office January 1981. Total debt: $848 billion
    Left office January 1989. Total debt: $2,698 billion
    Percent change in total debt: +218%

    George H.W. Bush:
    Took office January 1989. Total debt: $2,698 billion
    Left office 20 January 1993. Total debt: $4,188 billion
    Percent change in total debt: +55%

    Bill Clinton:
    Took office 20 January 1993. Total debt: $4,188 billion
    Left office 20 January 2001. Total debt: $5,728 billion
    Percent change in total debt: +37%

    George W. Bush:
    Took office 20 January 2001. Total debt: $5,728 billion
    Left office 20 January 2009. Total debt: $10,627 billion
    Percent change in total debt: +86%

    Barack Obama:
    Took office 20 January 2009. Total debt: $10,627 billion
    Total debt (as of the end of April 2011): $14,288 billion
    Percent change in total debt: +34%

    So, as far as raw numbers go, the chart is reasonably accurate (although our calculations produced a somewhat higher debt increase for Ronald Reagan than reported). That said, however, we have to consider how valuable these numbers are; whether by themselves they present a reasonable comparative measure of presidential fiscal responsibility. In that regard, one could find a number of aspects to take issue with:
    • The chart isn't a true comparison of equals, as it includes three presidents who served two full terms (Reagan, Clinton, and George W. Bush), a president who served one term (George H.W. Bush), and a president who had served half a term (Obama). Obviously, the longer a president holds office the greater the opportunity for him to influence the debt, and certainly (barring a radical change in current circumstances) the increase reported for Barack Obama will be considerably higher by the time he leaves office (whether that be in 2013 or 2017).