Jeff writing at National Debt Busters writes about the history of the national debt:
How do the Presidential Administrations compare?
President George Washington through President Gerald Ford, Presidents 1-38, 1791-1976
Debt Increase: $707,142,528,417.78
President James Earl Carter, 39th President, 1977-1980
Debt Increase: $276,666,000,000.00
President Ronald Wilson Reagan, 40th President, 1981-1988
Debt Increase: $1,672,127,712,041.16
President George Herbert Walker Bush, 41st President, 1989-1992
Debt Increase: $1,462,282,943,480.50
President William Jefferson Blythe Clinton, 42nd Presidnet, 1993-2000
Debt Increase: $1,609,557,554,365.20
President George Walker Bush, 43rd President, 2001-2008
Debt Increase: $4,899,100,310,608.44
President Barack Hussein Obama, 44th President, 2009-present
Debt Increase: $3,031,935,408,476.43 (as of 10/28/2010 report on TreasuryDirect.gov)
Obama is on track to triple Bush’s already-criminal debt load – and that’s if Obamacare’s bill comes in where they project it will, which it will not.
The new GOP House has its work cut out for it.
Let’s all make sure they get to it.