
United States Debt as a Percentage of GDP (1940-2012)
UNITED STATES DEBT AS A PERCENTAGE OF GDP [1940 - 2012 EST)
WHO IN WASHINGTON IS RESPONSIBLE FOR THE U.S. DEBT???
With all the talk lately about the debt ceiling, we wanted to take a look at how we got here. While political parties play the blame game, the facts paint a more complicated picture. The data shows that both parties have presided over huge increases and decreases in our national debt, and that events like World War 2 and periods of recession have often been far more important than party ideology.
Measuring U.S. debt in numbers that haven’t been adjusted for inflation produces an alarming and somewhat misleading result.
Measuring U.S. debt as a percentage of GDP gives us a much better idea of who our biggest borrowers have been.
.05 in 1940 ($ trillions) -- 16.3 in 2012
Party in control of U.S. Presidency
Party in control of U.S. Senate
Party in control of U.S. House of Representatives
DEMOCRAT-CONTROLLED PRESIDENCY
DEMOCRAT-CONTROLLED CONGRESS
REPUBLICAN CONTROLLED PRESIDENCY
REPUBLICAN CONTROLLED CONGRESS
52.4% (in 1940) 121.7% (in 1946) 32.5% (in 1981) 100.8% (in 2012 (est))
-3% (in 1940) -30.3% (in 1943) 4.6% (in 1948) -7% (in 2012 [est])
YEAR 19/ 40 42 44 45 46 48 50 52 54 56 58 60 62 64 66 68 70 72 74 76 78 80 82 84 85 88 90 92 94 96 98 20/00 02 04 06 08 10
BUDGET SURPLUSES & DEFICITS AS A PERCENTAGE OF GDP
Some presidents are better at balancing budgets than others. Despite labels such as fiscal conservative or big government liberal, the data shows that the ability or inability to balance budgets is truly bi-partisan.
Rooservet Truman Eisnhower Kennedy Johnson Nixon Ford Carter Reagan Bush ‘41 Clinton Bush'43 Obama
HOW THE RATIO OF US DEBT COMPARES TO OTHER COUNTRIES. — The range is enormous due to emerging third world markets and wild swings created by the economic collapse. (Public Debt/GOP)
1,307%
IRELAND
413%
UK
95.4%
USA
92.6%
EU
18.4%
RUSSIA
14.3%
BRAZIL
5.8%
INDIA
4%
CHINA
Designed by elefint designs UNITED STATES DEBT AS A PERCENTAGE OF GDP (1940 - 2012 ESTı) WHO IN WASHINGTON IS RESPONSIBLE FOR * 16.3 in 2012 THE Measuring U.S. debt in numbers that haven't been adjusted for inflation produces an alarming and somewhat misleading result. .05 . Measuring U.S. debt as a percentage of GDP gives us a much better idea of who our biggest borrowers have been. U.S. DEBT Party in control of U.S. Presidency O Party in control of U.S. Senate DEMOCRAT-CONTROLLED PRESIDENCY ??? 121.7% DEMOCRAT-CONTROLLED CONGRESS in 1946 REPUBLICAN-CONTROLLED PRESIDENCY With all the talk lately about the debt ceiling, 100.8% REPUBLICAN-CONTROLLED CONGRESS we wanted to take a look at how we got here. PERIODS OF RECESSION in 2012 (est) While political parties play the blame game, the facts paint a more complicated picture. The data shows that both parties have presided over huge increases and decreases in our 52.4% 60.2% AVERAGE DEBT 32.5% national debt, and that events like World War 2 Party in control of U.S. House of Representatives in 1940 and periods of recession have often been far in 1981 more important than party ideology YEAR "le0 98 20 l00 42 64 66 68 70 72 02 04 06 08 10 12 BUDGET SURPLUSES & DEFICITS AS A PERCENTAGE OF GDP -3% 4.6% in 1948 Some presidents are better at balancing in 1940 -7% budgets than others. Despite labels such as fiscal conservative or big government in 2012 (est) -30.3% in 1943 liberal, the data shows that the ability or inability to balance budgets is truly bi-partisan. Roosevelt Truman Eisenhower Kennedy Johnson Nixon Ford Carter Reagan Bush '41 Clinton Bush '43 Obama HOW THE RATIO OF US DEBT COMPARES TO OTHER COUNTRIES. The range is enormous due to emerging third world markets and wild swings created by the economic collapse. (Public Debt/GDP) 1,307% IRELAND 413% 95.4% 92.6% 18.4% 14.3% 4% 5.8% UK USA EU RUSSIA BRAZIL INDIA CHINA Designed by elefint designs elefintdesigns.com | Sources: CIA World Fact Book, White House Office of Management and Budget. UNITED STATES DEBT AS A PERCENTAGE OF GDP (1940 - 2012 ESTı) WHO IN WASHINGTON IS RESPONSIBLE FOR * 16.3 in 2012 THE Measuring U.S. debt in numbers that haven't been adjusted for inflation produces an alarming and somewhat misleading result. .05 . Measuring U.S. debt as a percentage of GDP gives us a much better idea of who our biggest borrowers have been. U.S. DEBT Party in control of U.S. Presidency O Party in control of U.S. Senate DEMOCRAT-CONTROLLED PRESIDENCY ??? 121.7% DEMOCRAT-CONTROLLED CONGRESS in 1946 REPUBLICAN-CONTROLLED PRESIDENCY With all the talk lately about the debt ceiling, 100.8% REPUBLICAN-CONTROLLED CONGRESS we wanted to take a look at how we got here. PERIODS OF RECESSION in 2012 (est) While political parties play the blame game, the facts paint a more complicated picture. The data shows that both parties have presided over huge increases and decreases in our 52.4% 60.2% AVERAGE DEBT 32.5% national debt, and that events like World War 2 Party in control of U.S. House of Representatives in 1940 and periods of recession have often been far in 1981 more important than party ideology YEAR "le0 98 20 l00 42 64 66 68 70 72 02 04 06 08 10 12 BUDGET SURPLUSES & DEFICITS AS A PERCENTAGE OF GDP -3% 4.6% in 1948 Some presidents are better at balancing in 1940 -7% budgets than others. Despite labels such as fiscal conservative or big government in 2012 (est) -30.3% in 1943 liberal, the data shows that the ability or inability to balance budgets is truly bi-partisan. Roosevelt Truman Eisenhower Kennedy Johnson Nixon Ford Carter Reagan Bush '41 Clinton Bush '43 Obama HOW THE RATIO OF US DEBT COMPARES TO OTHER COUNTRIES. The range is enormous due to emerging third world markets and wild swings created by the economic collapse. (Public Debt/GDP) 1,307% IRELAND 413% 95.4% 92.6% 18.4% 14.3% 4% 5.8% UK USA EU RUSSIA BRAZIL INDIA CHINA Designed by elefint designs elefintdesigns.com | Sources: CIA World Fact Book, White House Office of Management and Budget. UNITED STATES DEBT AS A PERCENTAGE OF GDP (1940 - 2012 ESTı) WHO IN WASHINGTON IS RESPONSIBLE FOR * 16.3 in 2012 THE Measuring U.S. debt in numbers that haven't been adjusted for inflation produces an alarming and somewhat misleading result. .05 . Measuring U.S. debt as a percentage of GDP gives us a much better idea of who our biggest borrowers have been. U.S. DEBT Party in control of U.S. Presidency O Party in control of U.S. Senate DEMOCRAT-CONTROLLED PRESIDENCY ??? 121.7% DEMOCRAT-CONTROLLED CONGRESS in 1946 REPUBLICAN-CONTROLLED PRESIDENCY With all the talk lately about the debt ceiling, 100.8% REPUBLICAN-CONTROLLED CONGRESS we wanted to take a look at how we got here. PERIODS OF RECESSION in 2012 (est) While political parties play the blame game, the facts paint a more complicated picture. The data shows that both parties have presided over huge increases and decreases in our 52.4% 60.2% AVERAGE DEBT 32.5% national debt, and that events like World War 2 Party in control of U.S. House of Representatives in 1940 and periods of recession have often been far in 1981 more important than party ideology YEAR "le0 98 20 l00 42 64 66 68 70 72 02 04 06 08 10 12 BUDGET SURPLUSES & DEFICITS AS A PERCENTAGE OF GDP -3% 4.6% in 1948 Some presidents are better at balancing in 1940 -7% budgets than others. Despite labels such as fiscal conservative or big government in 2012 (est) -30.3% in 1943 liberal, the data shows that the ability or inability to balance budgets is truly bi-partisan. Roosevelt Truman Eisenhower Kennedy Johnson Nixon Ford Carter Reagan Bush '41 Clinton Bush '43 Obama HOW THE RATIO OF US DEBT COMPARES TO OTHER COUNTRIES. The range is enormous due to emerging third world markets and wild swings created by the economic collapse. (Public Debt/GDP) 1,307% IRELAND 413% 95.4% 92.6% 18.4% 14.3% 4% 5.8% UK USA EU RUSSIA BRAZIL INDIA CHINA Designed by elefint designs elefintdesigns.com | Sources: CIA World Fact Book, White House Office of Management and Budget. UNITED STATES DEBT AS A PERCENTAGE OF GDP (1940 - 2012 ESTı) WHO IN WASHINGTON IS RESPONSIBLE FOR * 16.3 in 2012 THE Measuring U.S. debt in numbers that haven't been adjusted for inflation produces an alarming and somewhat misleading result. .05 . Measuring U.S. debt as a percentage of GDP gives us a much better idea of who our biggest borrowers have been. U.S. DEBT Party in control of U.S. Presidency O Party in control of U.S. Senate DEMOCRAT-CONTROLLED PRESIDENCY ??? 121.7% DEMOCRAT-CONTROLLED CONGRESS in 1946 REPUBLICAN-CONTROLLED PRESIDENCY With all the talk lately about the debt ceiling, 100.8% REPUBLICAN-CONTROLLED CONGRESS we wanted to take a look at how we got here. PERIODS OF RECESSION in 2012 (est) While political parties play the blame game, the facts paint a more complicated picture. The data shows that both parties have presided over huge increases and decreases in our 52.4% 60.2% AVERAGE DEBT 32.5% national debt, and that events like World War 2 Party in control of U.S. House of Representatives in 1940 and periods of recession have often been far in 1981 more important than party ideology YEAR "le0 98 20 l00 42 64 66 68 70 72 02 04 06 08 10 12 BUDGET SURPLUSES & DEFICITS AS A PERCENTAGE OF GDP -3% 4.6% in 1948 Some presidents are better at balancing in 1940 -7% budgets than others. Despite labels such as fiscal conservative or big government in 2012 (est) -30.3% in 1943 liberal, the data shows that the ability or inability to balance budgets is truly bi-partisan. Roosevelt Truman Eisenhower Kennedy Johnson Nixon Ford Carter Reagan Bush '41 Clinton Bush '43 Obama HOW THE RATIO OF US DEBT COMPARES TO OTHER COUNTRIES. The range is enormous due to emerging third world markets and wild swings created by the economic collapse. (Public Debt/GDP) 1,307% IRELAND 413% 95.4% 92.6% 18.4% 14.3% 4% 5.8% UK USA EU RUSSIA BRAZIL INDIA CHINA Designed by elefint designs elefintdesigns.com | Sources: CIA World Fact Book, White House Office of Management and Budget. UNITED STATES DEBT AS A PERCENTAGE OF GDP (1940 - 2012 ESTı) WHO IN WASHINGTON IS RESPONSIBLE FOR * 16.3 in 2012 THE Measuring U.S. debt in numbers that haven't been adjusted for inflation produces an alarming and somewhat misleading result. .05 . Measuring U.S. debt as a percentage of GDP gives us a much better idea of who our biggest borrowers have been. U.S. DEBT Party in control of U.S. Presidency O Party in control of U.S. Senate DEMOCRAT-CONTROLLED PRESIDENCY ??? 121.7% DEMOCRAT-CONTROLLED CONGRESS in 1946 REPUBLICAN-CONTROLLED PRESIDENCY With all the talk lately about the debt ceiling, 100.8% REPUBLICAN-CONTROLLED CONGRESS we wanted to take a look at how we got here. PERIODS OF RECESSION in 2012 (est) While political parties play the blame game, the facts paint a more complicated picture. The data shows that both parties have presided over huge increases and decreases in our 52.4% 60.2% AVERAGE DEBT 32.5% national debt, and that events like World War 2 Party in control of U.S. House of Representatives in 1940 and periods of recession have often been far in 1981 more important than party ideology YEAR "le0 98 20 l00 42 64 66 68 70 72 02 04 06 08 10 12 BUDGET SURPLUSES & DEFICITS AS A PERCENTAGE OF GDP -3% 4.6% in 1948 Some presidents are better at balancing in 1940 -7% budgets than others. Despite labels such as fiscal conservative or big government in 2012 (est) -30.3% in 1943 liberal, the data shows that the ability or inability to balance budgets is truly bi-partisan. Roosevelt Truman Eisenhower Kennedy Johnson Nixon Ford Carter Reagan Bush '41 Clinton Bush '43 Obama HOW THE RATIO OF US DEBT COMPARES TO OTHER COUNTRIES. The range is enormous due to emerging third world markets and wild swings created by the economic collapse. (Public Debt/GDP) 1,307% IRELAND 413% 95.4% 92.6% 18.4% 14.3% 4% 5.8% UK USA EU RUSSIA BRAZIL INDIA CHINA Designed by elefint designs elefintdesigns.com | Sources: CIA World Fact Book, White House Office of Management and Budget.
United States Debt as a Percentage of GDP (1940-2012)
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