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National debt – three presidents

The data for actual Debt-as-%-of-GDP for 1940-2006 comes from George W. Bush’s OMB Historical Table 7.1 for FY 2008
The data for actual Debt-as-%-of-GDP for 1940-2006 comes from George W. Bush’s OMB Historical Table 7.1 for FY 2008

Oct 24, 2014. When did the National Debt go crazy? Why? Who’s to blame? Where is the debt headed? Compared to the US economy, the national debt is smaller than it was after World War II. But, take a look at what could have happened if three presidents had balanced their budgets.

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