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Debt to GDP Ratios

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Username: colin_twiggs

Post Number: 601
Registered: 06-2009

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Friday, May 21, 2010 - 09:42 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)

Interesting chart from Doug Short relating US Debt/GDP ratio since 1900 to presidential parties and control of Congress.

Periods of Sharply Rising Debt   President
WW1 Wilson
1929 Great Depression Hoover
WW2 Roosevelt
1980s Reagan
2001 Dotcom Crash GWBush
2009 Great Recession Obama

Periods of Sharply Falling Debt   President
post-WW1 Harding/Coolidge
post-WW2 Truman/Eisenhower/Kennedy/Johnson/Nixon/Ford
late 1990s Clinton

The current level of close to 100% is only surpassed by WW2 (120%).

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