Uh, no…this is abysmally inaccurate…It also helps to look at during presidency numbers, they tell a different story. If you want a president who had it under control, then you want Andrew Jackson.
This is the whole shootin’ match. These are the facts…
Look at '09 and '10…
Further,what ultimately determines public debt is spending, period.
The things that determine governement revenue is the state of the economy, not who pays the most income tax.
Further, there was no shift in in the economic strategy under Clinton, he raised everybody’s taxes and it was still supply-side economics.
The number one economic indicator is employment. Lowest unemployment are the highest periods of economic growth period, the rest are minutia that benefit very few people. If the DOW is high, the rich got richer. If the economy grows and unemployment stays high, guess who has that money? It ain’t the working man.
Keynesian economics just grew the bill, not the economy.
US Federal Debt As Percent Of GDP
Fiscal Years 1792 to 2010 Year GDP-US
$ billion Gross Public Debt -fed
pct GDP
1792 0.22 35.10 a
1793 0.25 32.14 a
1794 0.31 25.30 a
1795 0.38 21.25 a
1796 0.41 20.43 a
1797 0.41 20.01 a
1798 0.41 19.32 a
1799 0.44 17.82 a
1800 0.48 17.29 a
1801 0.51 16.28 a
1802 0.45 17.94 a
1803 0.48 16.05 a
1804 0.53 16.31 a
1805 0.56 14.70 a
1806 0.61 12.41 a
1807 0.58 11.93 a
1808 0.64 10.19 a
1809 0.68 8.39 a
1810 0.7 7.60 a
1811 0.76 6.32 a
1812 0.78 5.80 a
1813 0.96 5.83 a
1814 1.07 7.62 a
1815 0.92 10.85 a
1816 0.81 15.72 a
1817 0.76 16.25 a
1818 0.73 14.17 a
1819 0.72 13.27 a
1820 0.7 13.00 a
1821 0.73 12.33 a
1822 0.8 11.69 a
1823 0.75 12.12 a
1824 0.75 12.04 a
1825 0.81 10.34 a
1826 0.86 9.42 a
1827 0.91 8.13 a
1828 0.89 7.58 a
1829 0.92 6.35 a
1830 1.01 4.81 a
1831 1.04 3.76 a
1832 1.12 2.17 a
1833 1.15 0.61 a
1834 1.21 0.39 a
1835 1.33 0.00 a
1836 1.46 0.00 a
1837 1.54 0.02 a
1838 1.58 0.21 a
1839 1.65 0.63 a
1840 1.56 0.23 a
1841 1.64 0.32 a
1842 1.6 0.85 a
1843 1.55 2.11 a
1844 1.69 1.39 a
1845 1.84 0.87 a
1846 2.04 0.76 a
1847 2.39 1.62 a
1848 2.4 1.96 a
1849 2.4 2.63 a
1850 2.56 2.48 a
1851 2.7 2.53 a
1852 3.04 2.18 a
1853 3.28 1.82 a
1854 3.68 1.15 a
1855 3.94 0.90 a
1856 4.01 0.80 a
1857 4.14 0.69 a
1858 4.05 1.11 a
1859 4.38 1.34 a
1860 4.35 1.49 a
1861 4.6 1.97 a
1862 5.79 9.05 a
1863 7.62 14.70 a
1864 9.46 19.19 a
1865 9.88 27.13 a
1866 8.99 30.85 a
1867 8.34 32.11 a
1868 8.15 32.05 a
1869 7.85 32.97 a
1870 7.74 32.05 a
1871 7.59 31.00 a
1872 8.23 27.38 a
1873 8.75 25.54 a
1874 8.48 26.55 a
1875 8.16 27.36 a
1876 8.31 26.24 a
1877 8.52 25.88 a
1878 8.38 26.92 a
1879 9.36 25.10 a
1880 10.4 20.39 a
1881 11.6 17.84 a
1882 12.2 15.72 a
1883 12.3 15.32 a
1884 11.8 15.51 a
1885 11.6 16.07 a
1886 12.2 14.55 a
1887 13.1 12.65 a
1888 13.9 12.18 a
1889 13.9 11.65 a
1890 15.1 10.28 a
1891 15.4 10.04 a
1892 16.4 9.69 a
1893 15.4 10.04 a
1894 14.1 11.58 a
1895 15.6 10.74 a
1896 15.5 11.42 a
1897 16.2 11.22 a
1898 18.1 9.93 a
1899 19.5 10.22 a
1900 20.6 10.37 a
1901 22.3 9.61 a
1902 24.1 8.96 a
1903 25.9 8.50 a
1904 25.7 8.81 a
1905 28.8 7.90 a
1906 31 7.54 a
1907 33.9 7.25 a
1908 30.1 8.73 a
1909 32.2 8.20 a
1910 33.4 7.94 a
1911 34.3 8.06 a
1912 37.4 7.67 a
1913 39.1 7.46 a
1914 36.5 7.98 a
1915 38.7 7.90 a
1916 49.6 7.28 a
1917 59.7 9.58 a
1918 75.8 19.25 a
1919 78.3 34.98 a
1920 88.4 29.36 a
1921 73.6 32.58 a
1922 73.4 31.29 a
1923 85.4 26.17 a
1924 86.9 24.45 a
1925 90.6 22.64 a
1926 96.9 20.27 a
1927 95.5 19.38 a
1928 97.4 18.07 a
1929 103.6 16.34 a
1930 91.2 17.75 a
1931 76.5 21.96 a
1932 58.7 33.20 a
1933 56.4 39.96 a
1934 66 40.99 a
1935 73.3 39.16 a
1936 83.8 40.31 a
1937 91.9 39.64 a
1938 86.1 43.16 a
1939 92.2 43.86 a
1940 101.4 42.37 a
1941 126.7 38.64 a
1942 161.9 44.73 a
1943 198.6 68.83 a
1944 219.8 91.45 a
1945 223 116.00 a
1946 222.2 121.25 a
1947 244.1 105.81 a
1948 269.1 93.75 a
1949 267.2 94.60 a
1950 293.7 87.63 a
1951 339.3 75.22 a
1952 358.3 72.32 a
1953 379.3 70.15 a
1954 380.4 71.31 a
1955 414.7 66.16 a
1956 437.4 62.36 a
1957 461.1 58.67 a
1958 467.2 59.15 a
1959 506.6 56.20 a
1960 526.4 54.39 a
1961 544.8 53.04 a
1962 585.7 50.91 a
1963 617.8 49.51 a
1964 663.6 46.97 a
1965 719.1 44.12 a
1966 787.7 40.61 a
1967 832.4 39.19 a
1968 909.8 38.20 a
1969 984.4 35.93 a
1970 1038.3 35.72 a
1971 1126.8 35.33 a
1972 1237.9 34.51 a
1973 1382.3 33.14 a
1974 1499.5 31.68 a
1975 1637.7 32.56 a
1976 1824.6 34.00 a
1977 2030.1 34.42 a
1978 2293.8 33.64 a
1979 2562.2 32.26 a
1980 2788.1 32.56 a
1981 3126.8 31.91 a
1982 3253.2 35.10 a
1983 3534.6 38.96 a
1984 3930.9 40.00 a
1985 4217.5 43.23 a
1986 4460.1 47.65 a
1987 4736.4 49.62 a
1988 5100.4 51.02 a
1989 5482.1 52.12 a
1990 5800.5 55.74 a
1991 5992.1 61.17 a
1992 6342.3 64.09 a
1993 6667.4 66.17 a
1994 7085.2 66.23 a
1995 7414.7 67.08 a
1996 7838.5 66.66 a
1997 8332.4 64.97 a
1998 8793.5 62.84 a
1999 9353.5 60.47 a
2000 9951.5 57.02 a
2001 10286.2 56.46 a
2002 10642.3 58.52 a
2003 11142.1 60.88 a
2004 11867.8 62.18 a
2005 12638.4 62.77 a
2006 13398.9 63.49 a
2007 14077.6 63.99 a
2008 14441.4 69.15 a
2009 14258.2 83.29 a
2010 14623.9 94.27 b