How much did the total deficit rise by each President since Reagan
Again using data from the St. Louis Federal Reserve, these are starting and ending federal debt numbers since President Reagan. I’ve computed the total percentage increase and the compounded yearly rate.
What the numbers show is that the total debt increased the most at 184% over 8 years and at the fastest rate under President Reagan at almost 14% per year. In fact, the three Republican presidents had the fastest growing debt on a yearly basis.
Reagan
•Started Presidency: $965 billion
•Ended Presidency: $2.74 trillion
•Increased 184% or 13.9% per year
H.W. Bush
•Started Presidency: $2.74 trillion
•Ended Presidency: $4.23 trillion
•Increased 54% or 11.5% per year (only in office for four years)
Clinton
•Started Presidency: $4.23 trillion
•Ended Presidency: $5.77 trillion
•Increased 36% or 4.0% per year
W. Bush
•Started Presidency: $5.77 trillion
•Ended Presidency: $11.1 trillion
•Increased 93% or 8.5% per year
Obama
•Started Presidency: $11.1 trillion
•Ended Presidency: $19.85 trillion
•Increased 78% or 7.5% per year
President Obama’s debt actually grew at a slower annual rate than any of the Republican presidents even though there were events that negatively impacted the deficit that started before he became President. The Great Recession is probably the biggest of them as can be seen in the yearly deficit numbers. While all politicians use data to support their positions, the sound bite that the debt doubled under Obama is very misleading.
Dirtman did you noticed that when the republican gave a tax break the national deb went up a whole lot more than when the democrats raised taxes? Hopefully your not as gullible as the rest of the republicans who have been gullible enough to believe trickle down economy will help bring down the debt. The above provided information shows just the opposite is true. MAGA Moscow Agent Governing America!!!!
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How much did the total deficit rise by each President since Reagan
Again using data from the St. Louis Federal Reserve, these are starting and ending federal debt numbers since President Reagan. I’ve computed the total percentage increase and the compounded yearly rate.
What the numbers show is that the total debt increased the most at 184% over 8 years and at the fastest rate under President Reagan at almost 14% per year. In fact, the three Republican presidents had the fastest growing debt on a yearly basis.
Reagan
•Started Presidency: $965 billion
•Ended Presidency: $2.74 trillion
•Increased 184% or 13.9% per year
H.W. Bush
•Started Presidency: $2.74 trillion
•Ended Presidency: $4.23 trillion
•Increased 54% or 11.5% per year (only in office for four years)
Clinton
•Started Presidency: $4.23 trillion
•Ended Presidency: $5.77 trillion
•Increased 36% or 4.0% per year
W. Bush
•Started Presidency: $5.77 trillion
•Ended Presidency: $11.1 trillion
•Increased 93% or 8.5% per year
Obama
•Started Presidency: $11.1 trillion
•Ended Presidency: $19.85 trillion
•Increased 78% or 7.5% per year
President Obama’s debt actually grew at a slower annual rate than any of the Republican presidents even though there were events that negatively impacted the deficit that started before he became President. The Great Recession is probably the biggest of them as can be seen in the yearly deficit numbers. While all politicians use data to support their positions, the sound bite that the debt doubled under Obama is very misleading.
I provide independent research of technology companies and was previously one of two analysts that determined the technology holdings for Atlantic Trust (Invesco's high net worth group), a firm with $15 billion under management. Before joining Atlantic Trust I was the Intern...
MORE
Follow me on Twitter @sandhillinsight, find my other Forbes posts here or join the LinkedIn group Apple Independent Research to get real-time posts.
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How much did the total deficit rise by each President since Reagan
Again using data from the St. Louis Federal Reserve, these are starting and ending federal debt numbers since President Reagan. I’ve computed the total percentage increase and the compounded yearly rate.
What the numbers show is that the total debt increased the most at 184% over 8 years and at the fastest rate under President Reagan at almost 14% per year. In fact, the three Republican presidents had the fastest growing debt on a yearly basis.
Reagan
•Started Presidency: $965 billion
•Ended Presidency: $2.74 trillion
•Increased 184% or 13.9% per year
H.W. Bush
•Started Presidency: $2.74 trillion
•Ended Presidency: $4.23 trillion
•Increased 54% or 11.5% per year (only in office for four years)
Clinton
•Started Presidency: $4.23 trillion
•Ended Presidency: $5.77 trillion
•Increased 36% or 4.0% per year
W. Bush
•Started Presidency: $5.77 trillion
•Ended Presidency: $11.1 trillion
•Increased 93% or 8.5% per year
Obama
•Started Presidency: $11.1 trillion
•Ended Presidency: $19.85 trillion
•Increased 78% or 7.5% per year
President Obama’s debt actually grew at a slower annual rate than any of the Republican presidents even though there were events that negatively impacted the deficit that started before he became President. The Great Recession is probably the biggest of them as can be seen in the yearly deficit numbers. While all politicians use data to support their positions, the sound bite that the debt doubled under Obama is very misleading.
I provide independent research of technology companies and was previously one of two analysts that determined the technology holdings for Atlantic Trust (Invesco's high net worth group), a firm with $15 billion under management. Before joining Atlantic Trust I was the Intern...
MORE
Follow me on Twitter @sandhillinsight, find my other Forbes posts here or join the LinkedIn group Apple Independent Research to get real-time posts.
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Again using data from the St. Louis Federal Reserve, these are starting and ending federal debt numbers since President Reagan. I’ve computed the total percentage increase and the compounded yearly rate.
What the numbers show is that the total debt increased the most at 184% over 8 years and at the fastest rate under President Reagan at almost 14% per year. In fact, the three Republican presidents had the fastest growing debt on a yearly basis.
Reagan
•Started Presidency: $965 billion
•Ended Presidency: $2.74 trillion
•Increased 184% or 13.9% per year
H.W. Bush
•Started Presidency: $2.74 trillion
•Ended Presidency: $4.23 trillion
•Increased 54% or 11.5% per year (only in office for four years)
Clinton
•Started Presidency: $4.23 trillion
•Ended Presidency: $5.77 trillion
•Increased 36% or 4.0% per year
W. Bush
•Started Presidency: $5.77 trillion
•Ended Presidency: $11.1 trillion
•Increased 93% or 8.5% per year
Obama
•Started Presidency: $11.1 trillion
•Ended Presidency: $19.85 trillion
•Increased 78% or 7.5% per year
President Obama’s debt actually grew at a slower annual rate than any of the Republican presidents even though there were events that negatively impacted the deficit that started before he became President. The Great Recession is probably the biggest of them as can be seen in the yearly deficit numbers. While all politicians use data to support their positions, the sound bite that the debt doubled under Obama is very misleading.
Dirtman did you noticed that when the republican gave a tax break the national deb went up a whole lot more than when the democrats raised taxes? Hopefully your not as gullible as the rest of the republicans who have been gullible enough to believe trickle down economy will help bring down the debt. The above provided information shows just the opposite is true. MAGA Moscow Agent Governing America!!!!
Play
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Current Time 0:46
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Duration 1:10
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How much did the total deficit rise by each President since Reagan
Again using data from the St. Louis Federal Reserve, these are starting and ending federal debt numbers since President Reagan. I’ve computed the total percentage increase and the compounded yearly rate.
What the numbers show is that the total debt increased the most at 184% over 8 years and at the fastest rate under President Reagan at almost 14% per year. In fact, the three Republican presidents had the fastest growing debt on a yearly basis.
Reagan
•Started Presidency: $965 billion
•Ended Presidency: $2.74 trillion
•Increased 184% or 13.9% per year
H.W. Bush
•Started Presidency: $2.74 trillion
•Ended Presidency: $4.23 trillion
•Increased 54% or 11.5% per year (only in office for four years)
Clinton
•Started Presidency: $4.23 trillion
•Ended Presidency: $5.77 trillion
•Increased 36% or 4.0% per year
W. Bush
•Started Presidency: $5.77 trillion
•Ended Presidency: $11.1 trillion
•Increased 93% or 8.5% per year
Obama
•Started Presidency: $11.1 trillion
•Ended Presidency: $19.85 trillion
•Increased 78% or 7.5% per year
President Obama’s debt actually grew at a slower annual rate than any of the Republican presidents even though there were events that negatively impacted the deficit that started before he became President. The Great Recession is probably the biggest of them as can be seen in the yearly deficit numbers. While all politicians use data to support their positions, the sound bite that the debt doubled under Obama is very misleading.
I provide independent research of technology companies and was previously one of two analysts that determined the technology holdings for Atlantic Trust (Invesco's high net worth group), a firm with $15 billion under management. Before joining Atlantic Trust I was the Intern...
MORE
Follow me on Twitter @sandhillinsight, find my other Forbes posts here or join the LinkedIn group Apple Independent Research to get real-time posts.
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How much did the total deficit rise by each President since Reagan
Again using data from the St. Louis Federal Reserve, these are starting and ending federal debt numbers since President Reagan. I’ve computed the total percentage increase and the compounded yearly rate.
What the numbers show is that the total debt increased the most at 184% over 8 years and at the fastest rate under President Reagan at almost 14% per year. In fact, the three Republican presidents had the fastest growing debt on a yearly basis.
Reagan
•Started Presidency: $965 billion
•Ended Presidency: $2.74 trillion
•Increased 184% or 13.9% per year
H.W. Bush
•Started Presidency: $2.74 trillion
•Ended Presidency: $4.23 trillion
•Increased 54% or 11.5% per year (only in office for four years)
Clinton
•Started Presidency: $4.23 trillion
•Ended Presidency: $5.77 trillion
•Increased 36% or 4.0% per year
W. Bush
•Started Presidency: $5.77 trillion
•Ended Presidency: $11.1 trillion
•Increased 93% or 8.5% per year
Obama
•Started Presidency: $11.1 trillion
•Ended Presidency: $19.85 trillion
•Increased 78% or 7.5% per year
President Obama’s debt actually grew at a slower annual rate than any of the Republican presidents even though there were events that negatively impacted the deficit that started before he became President. The Great Recession is probably the biggest of them as can be seen in the yearly deficit numbers. While all politicians use data to support their positions, the sound bite that the debt doubled under Obama is very misleading.
I provide independent research of technology companies and was previously one of two analysts that determined the technology holdings for Atlantic Trust (Invesco's high net worth group), a firm with $15 billion under management. Before joining Atlantic Trust I was the Intern...
MORE
Follow me on Twitter @sandhillinsight, find my other Forbes posts here or join the LinkedIn group Apple Independent Research to get real-time posts.
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