VietBF - View Single Post - Chóng mặt với con số nợ quốc gia của Mỹ sau 8 năm Obama cầm quyền

corumstation · 01-22-2017

Cut through the spin and BS from both parties, straight from the US Treasury database, the gross federal deficit (from debt held by the public and debt held by government accounts) for each presidents are ...

1) 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%
-------> Instituted supply side economics resulting in a major lost in revenues

2) 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%
-------> Continued supply side economics by Reagan

3) 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%
-------> The federal budget had surplus from fiscal years 1998-2001

4) 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%
-------> Re-introduced supply side economics

5) Barack Obama ...
---> Took office 20 January 2009. Total debt: $10,627 billion
---> Total debt (estimated): $19,000 billion
---> Percent change in total debt: +56%
-------> Inherited the 2008 Recession and world wide slow down

01-22-2017	#16
corumstation R7 Tuyệt Đỉnh Cao Thủ Join Date: Jun 2007 Posts: 5,551 Thanks: 0 Thanked 5,833 Times in 1,025 Posts Mentioned: 4 Post(s) Tagged: 0 Thread(s) Quoted: 286 Post(s) Rep Power: 25	Cut through the spin and BS from both parties, straight from the US Treasury database, the gross federal deficit (from debt held by the public and debt held by government accounts) for each presidents are ... 1) 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% -------> Instituted supply side economics resulting in a major lost in revenues 2) 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% -------> Continued supply side economics by Reagan 3) 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% -------> The federal budget had surplus from fiscal years 1998-2001 4) 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% -------> Re-introduced supply side economics 5) Barack Obama ... ---> Took office 20 January 2009. Total debt: $10,627 billion ---> Total debt (estimated): $19,000 billion ---> Percent change in total debt: +56% -------> Inherited the 2008 Recession and world wide slow down Last edited by corumstation; 01-22-2017 at 07:24.