Home > Politics > Who Increased The Debt?

Who Increased The Debt?

I came across this interesting graphic while surfing this morning.  The things that make you go hmmmm!

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Categories: Politics Tags: ,
  1. May 14, 2011 at 2:48 pm

    The Reaganites would surely try to debunk this.

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    • May 14, 2011 at 5:21 pm

      LOL, isn’t that what Reaganites do, debunk for their deity?

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      • May 14, 2011 at 5:50 pm

        Yep, and they look to Reagan like he was an almighty god.

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        • May 14, 2011 at 6:36 pm

          I never did understand that; he wasn’t the worst president by any means, but jeez, the guy wanted to classify catsup as a vegetable in the school lunch programs for crying out loud. Anybody with any sense knows that it should have been classified as a fruit 😉

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  2. Alan Scott
    May 14, 2011 at 2:56 pm

    Don,

    ” The Reaganites would surely try to debunk this ”

    Sure we will. First off I have a hard time believing it is true, but since I do not have proof in front of me, lets assume it to be true . The graph with President Obama is dis honest in this context, Obama has only been in office just over 2 years. You are comparing that short period with mostly 8 year Presidents . Anyone that deliberately does that is not credible .

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    • May 14, 2011 at 5:17 pm

      You do have a point, Obama is being compared to 4 and 8 year presidents, so it’s not a representative comparison.

      Since there are no actual debt numbers here besides percentages let’s try some simplistic math; however this is assuming that the Obama administration continues by 8% a year, and it’s cumulative overall. If that’s the case, than he would increase the deficit by 64% over the course of 8 years. That is assuming that he gets elected for another term.

      On the other hand,64% percent from 2 years ago to 6 years in the future may mean a lot more than Reagan’s 189% from the 80’s.

      That’s that crazy thing about graphics such as these; they’re not telling the whole story, but it sure is a lot of fun to speculate and debate about 😉

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  3. Moe
    • May 15, 2011 at 11:41 am

      It seems May is a month of firsts for me: I had 1000 views in a week, set a new record for views in a day with 400, hit 2000 views in a month for the first time, and now I get my blog post in the top 5 of a Google search! Whoda thunk it? Not me, I’m my own harshest critic 🙂

      Thanks for sharing that with me Moe!

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      • Moe
        May 15, 2011 at 1:43 pm

        Well done! May it continue.

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        • May 15, 2011 at 1:53 pm

          Thanks Moe. Thanks for supporting me from the get go as well. You were one of the first bloggers in the community to welcome me and my train wreck of a blog. I appreciate that!

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  4. Blake
    September 28, 2011 at 7:19 pm

    Uhhh… technically, the debt was increased under Bush by a democratic super majority… so… yea… it’s like “Ohhhhh a chart! It fits in with my beliefs because it was created by someone with the exact same biases as me! I shall champion it as fact even though it’s super misleading and lacks any sort of nuance or circumstance”. What kind of ignorant asshole does that?

    And… didn’t the US have a surplus under Clinton up into the Bush years? Shouldn’t the percentage be a negative? This graph is so fucking hard to figure out… maybe it’s just complete bullshit? OHHHH no… its yet another misleading caveat of this graph, it’s based on the national debt as a percentage of gross domestic product… so… with debt flat lining but GDP PLUMMETING (thanks Carter), the graph skyrockets.

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  1. May 14, 2011 at 12:02 pm
  2. May 15, 2011 at 12:10 pm

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