Wednesday, October 3, 2012

Federal Debt, Blue and Red Patterns

How can anyone concerned about the future of our nation ignore the taxation and debt patterns for over 40 years in the US?
U.S. Federal Debt as Percentage of GDP since 1969
Some argue that Congress was the major factor in these deficit changes. 

Notice how the changes happened immediately once Reagan and Bush II began their presidential terms.  That damage was much hard to repair and improvements only happened more slowly once Clinton entered office, and hardly at all once Obama entered office due to the economic disaster we faced.

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