Showing posts with label US National Debt. Show all posts
Showing posts with label US National Debt. Show all posts

Wednesday, 10 August 2011

Which president ran up the biggest US national debt?


US Federal Debt 1980-Present -- Increase by President

Ronald Reagan increased US national debt by $1.9 trillion. That represented 11.3% of US GDP in his first term and 9.3% in his second.

George H.W. Bush, by $1.5 trillion, or 13% of US GDP
Bill Clinton, by $1.4 trillion or a decrease of 0.7% of GDP in his first term and a further decrease of 9% in his second.

George W. Bush increased debt by $6.4 trillion. That represents a rise of 7.1% against GDP in his first terms and 20.7% in his second.
Barack Obama is currently on a $2.4 trillion increase. That represent a rise of 9% as a proportion of GDP.