Here is how the National Debt has grown over the Last 3 Decades:
Carter - 4 Years
Started - 01/21/1977 - $653,544,000,000.00
Ended - 01/19/1981 - $930,209,523,658.00
Total Debt under Carter - $276,665,523,658.00 (276 Billion)
Reagan - 8 Years
Started - 01/20/1981 - $930,210,000,000.00
Ended - 01/19/1989 - $2,602,337,712,041.16
Total Debt under Reagan - $1,672,127,712,041.00 (1.6 Trillion)
Bush, Sr. - 4 Years
Started - 01/20/1989 - $2,602,857,255,961.25
Ended - 01/19/1993 - $4,187,806,610,369.16
Total Debt under Bush, Sr. - $1,584,949,354,408.00 (1.5 Trillion)
Clinton - 8 Years
Started - 01/20/1993 - $4,188,092,107,183.60
Ended - 01/19/2001 - $5,727,776,738,304.64
Total Debt under Clinton - $1,539,684,631,121.00 (1.5 Trillion)
Bush. Jr. - 5 Years
Started - 01/20/2001 - $5,728,195,796,181.57
Ended - 01/24/2006 - $8,185,315,076,347.87
Total Debt under Bush, Jr. - $2,457,119,280,166.00 (2.4 Trillion) & Growing
I am afraid this will all end badly!
Hat Tip to Scribe
Budget Surplus national debt Mover Mike
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