Nov. 9th, 2005

eyelessgame: (Default)
Inspired by James Nicoll's recent comment on the Bush debt:

Year rangePresident(s)Debt ratioGraph
1961-1965Kennedy/Johnson1.028
1965-1969Johnson0.985
1969-1973Nixon1.055
1973-1977Nixon/Ford1.121
1977-1981Carter0.954
1981-1985Reagan1.598
1985-1989Reagan1.274
1989-1993Bush1.325
1993-1997Clinton1.105
1997-2001Clinton0.972
2001-2005W1.251


The above is the ratio of the national debt at the end of a four-year term to the national debt at the beginning of the same term (low numbers are better, 1.00 = national debt at long-term sustainable level). Source data here and here.

This is less to hork on Bush specifically than to note the general trends. Which party has more responsible administrations?

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