Thursday, October 23, 2008

Below is a National Debt Graph courtesy of zfacts.com.


Zfacts.com points out that the "gross national debt compared to GDP (how rich we are) reached its lowest level since 1931 as Reagan took office in 1981. It skyrocketed for 12 years through Bush I. Clinton reversed it at a peak of 67%. Bush II crossed that line on Sept. 22 and hit 69% on Sept 30. That's the highest it's been since 1955 (53 years ago)."

Democrats have done a better job at reducing the national debt when compared to Republicans.

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