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Old Sep 21, 2007 | 8:40 am
  #23  
telloh
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Originally Posted by Kibison
Wrong. The US National Debt increased EVERY SINGLE YEAR during the Clinton administration. It is increasing even faster under Bush but it did increase every year Clinton was in office.
Whenever somebody mentions the deficit (not the debt) under President Bush, the conservatives invariably respond (usually in a screech) that it's not really so bad when expressed as a percentage of GDP.

In that spirit, I'll point out that the National Debt as a percentage of GDP decreased dramatically under Truman, Eisenhower, Kennedy, and Johnson. It decreased slightly under Nixon, Ford, and Carter. It increased dramatically under Reagan and GHW Bush, decreased under Clinton, and is increasing under GW Bush.

http://zfacts.com/p/318.html
Last edited by telloh; Sep 21, 2007 at 8:47 am
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