[MD] Dynamic Development at all costs?
Arlo Bensinger
ajb102 at psu.edu
Mon Apr 21 10:44:28 PDT 2008
[Platt]
The true "lying bitches," fools and fear-mongers are leftists like
Krimel. The U.S. debt as a percentage of GNP is actually less now
than under presidents Roosevelt, Truman and Eisenhower and has barely
increased at all under the Bush administration.
[Arlo]
Please see the debt-GDP chart provided at Wikipedia.
http://en.wikipedia.org/wiki/Image:US_Public_debt_per_GDP_1791-2006.svg
You will see that from WWII to 1980, the ratio steadily decreases (a
good thing), but that beginning in 1980, the ratio increases non-stop
until about 1994, where it decreases somewhat until 2000, when it
begins to grow once again.
That is, since Raygun took office, the percentage of our debt to GDP
has increased quickly and without stopping, except for during the
Clinton years. Under Bush Jr., the ratio has again increased. And I
don't know what you mean by "barely increased" under Bush, but if you
look at the chart, you see that its at least 5% points, which is not
insignificant. But true, compared to the lunacy of the Raygun and
Pappy Bush years, Bush Jr.'s increase is lesser, I'll give you that.
When Carter left office, this ratio was at about 38%. By the end of
the Raygun years, it was about 58%, and by the end of Pappy Bush it
was pushing 70%.
Although it continued to rise in the early Clinton years, when
Clinton left office it had been reduced to around 58%. Under Bush Jr.
it is back up to 63%.
So I am not sure what point you had in bringing this ratio into it,
but it certainly is evident under which recent presidents this ratio
has improved, and under which it has worsened.
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