NOYB wrote:
wrote in message
oups.com...



Under Bush the Second, the national debt has risen from 57% of the GNP
to 65% of the GNP. As a percentage of the GNP, he has run up the debt
as a percentage of the GNP to as high a humber as we have seen since
Bush the First was in office, and almost as high as when Eisenhower
took office and we were still paying off WWII.


Nice try, Chuck. But Debt as a percentage of GDP peaked in 1995 and 1996,
when it was 67.2 and 67.3% respectively.


My example was very accurate, as it was comparing the debt each
president inherited from the previous administration with the debt the
president left behind when his term was done. When Clinton took office,
the debt to GNP curve was going darn nearly straight up. Yes, it took
him a couple of years to get it turned around but when he left office
the debt as a percentage of GNP was, indeed, *lower* than the debt he
inherited from Bush the First. You may not like that fact, but it is a
fact none the less.


It was over 70% when Eisenhower was in office...and never topped 65% until
1994 when Clinton was in office.

http://www.whitehouse.gov/omb/budget...6/pdf/hist.pdf

(see Table 7.1...which is on page 119)