Good question....colorful chart. I couldn't copy the chart....but the LINK is clickable.
Answer by Dkhilly at 4:41 PM on May. 21, 2011
Answer by Dkhilly at 11:48 AM on May. 21, 2011
Answer by Carpy at 11:54 AM on May. 21, 2011
Woodrow Wilson got the ball rolling, the only one since who was even getting into balanced budget territory was Clinton with a rep congress. But the debt was still increasing.Reagan increased the Debt with the help of a democrat congress, but as we saw with Bill Clinton, it was not an unmanageable amount. What we are heading to now is a debt super cycle, where output is soon to be less than the interest we owe on the debt. It is unprecedented and will be devastating.
Answer by Carpy at 11:52 AM on May. 21, 2011
Answer by DSamuels at 1:34 PM on May. 21, 2011
Answer by layh41407 at 11:33 AM on May. 21, 2011
Hmmmm...and WHO held the majority of CONGRESS during each of those president's terms, and WHAT was the UNEMPLOYMENT rate that corresponded to each of those presidents during those Congressional majorities?!
I think THIS graphic shows more correlation versus causation!!
Answer by LoriKeet at 11:40 AM on May. 21, 2011
Answer by LoriKeet at 11:47 AM on May. 21, 2011