Here are the numbers, take a look.
We can’t control what others do and we can’t stop misfortune from striking. But we can control our own actions. Those who are financially prudent will most likely enjoy success, even if events don’t always go their way.
QUINNSCOMMENTARY 
Just as important, we need a chart that is date specific – not based on fiscal years. So, for example, who was credited with 2008-2009 – President George W. Bush or President Obama, who was credited with 2020 – 2021 – President Trump or President Biden, and was it done consistently.
If you go back to prior posts, I captured the estimated date as of the date the most recent presidents entered office and left office.
As I said, with respect to deficits and debt, I yearn for the days of President George W. Bush, who President Obama once deemed to be “unpatriotic” for adding $4.9 Trillion over 8 years to our national debt despite a significant chunk of the Great Recession spending. While Obama added $9.3 Trillion over 8 years, Trump added almost $8 Trillion in 4 years, and Biden is on course to add $7.7 trillion.
Bush and Obama had the entitlement spending from the Great Recession – to cover significant unemployment.
Trump had a big dip in employment due to COVID, but then he mismanaged the exit with various spending, only to be outdone by larger mistakes made by Biden.
Worse, given the campaign efforts of Trump/Vance and Harris/Walz, they seem to be trying to outspend each other as a means to buy votes.
Idiots all. Someday, the bill will come due – probably long after all of those idiots have left the scene, after causing significant, lasting damage.
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Statistics without context are meaningless in making any kind of statement. Of course that’s what agenda driven people do all the time. Mr Quinn: not one of your better postings. You may be too far stretched in making commentaries. Perhaps you should take a break?
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The point being that in recent times all presidents have added to the national debt so throwing around claims related to that is quite meaningless- that’s it.
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means nothing without context–silly chart
why was Roosevelt’s so high–maybe there was a Depression and his method was to create all types of federal programs–most did not work and the Depression ended when war broke out.
Reagan and Congress spent the Soviets into giving up the Cold War and a “peace dividend” then followed.
Trump had to deal with covid and the shutting down of the economies world wide.
how can you show debt without the % of GDP it represents? your parents would have had brown underwear if they knew the amount of your mortgage when first buying your home, but without knowing your income it becomes meaningless.
all these years I thought the president proposes and Congress disposes–didn’t know he acted alone until the demented one did his “cancellation” (shifting) of student debt.
Do you think the legislators bear any responsibility for debt and if so so how much?
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Al, you are 100% right-wing! This is a dumb chart.
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Wilson and Roosevelt were both “so high” due to World Wars.
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My understanding is that Roosevelt’s spending and other policies during Great Depression actually lengthened and worsened the depression https://www.historynewsnetwork.org/article/fdrs-policies-prolonged-depression-by-7-years-ucla
By 1939, after more than 5 years of New Dealin’, unemployment was higher than it was at the start of the Great Depression https://fee.org/articles/fdrs-folly-how-roosevelt-and-his-new-deal-prolonged-the-great-depression/
The Great Recession didn’t end until it had to end – World War II – with massive government spending.
Look at the current idiots trying to outspend each other thinking that it is the “Opportunity Economy”. One group of idiots wants a $6,000 child tax credit, and the other wants $5,000. One wants to forgive student loans and provide downpayment assistance, while the other wants to extend tax cuts.
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