Posted on Jun 30, 2018
Government - Historical Debt Outstanding - Annual 2000 - 2017
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Thank you my friend Maj Marty Hogan. The best approaches compared National Debt to GDP since the GDP is an indicator of productivity and that is what helps keep the dollar strong on the world market.
Needless to say it takes time to calculate federal debt and GDP accurately.
One things that seems certain is that the first $20 trillion debt was obligated prior to Donald Trump being President. The $1 trillion debt that has ben added under his watch can be attributed to him even as the previous $10 trillion of national debt was incurred under former POTOS Obama watch. When he came into office the national debt was approximately $10 trillion and it grew to approximately $20 trillion by the time he left office..
Image: US_Federal_Debt_as_Percent_of_GDP_by_President_(1940_to_2015); Change in Debt from taking office
Thanks for mentioning me SFC Joe S. Davis Jr., MSM, DSL
FYI LTC Stephen C. LTC Orlando Illi Maj Bill Smith, Ph.D. Maj William W. "Bill" Price CPT Jack Durish Capt Tom Brown CMSgt (Join to see) MSG Andrew White SFC William Farrell SGT (Join to see) Sgt Albert Castro SSG David Andrews Sgt Randy Wilber Sgt John H. CPL Dave Hoover SGT Mark Halmrast SPC Margaret Higgins PO1 William "Chip" Nagel
Needless to say it takes time to calculate federal debt and GDP accurately.
One things that seems certain is that the first $20 trillion debt was obligated prior to Donald Trump being President. The $1 trillion debt that has ben added under his watch can be attributed to him even as the previous $10 trillion of national debt was incurred under former POTOS Obama watch. When he came into office the national debt was approximately $10 trillion and it grew to approximately $20 trillion by the time he left office..
Image: US_Federal_Debt_as_Percent_of_GDP_by_President_(1940_to_2015); Change in Debt from taking office
Thanks for mentioning me SFC Joe S. Davis Jr., MSM, DSL
FYI LTC Stephen C. LTC Orlando Illi Maj Bill Smith, Ph.D. Maj William W. "Bill" Price CPT Jack Durish Capt Tom Brown CMSgt (Join to see) MSG Andrew White SFC William Farrell SGT (Join to see) Sgt Albert Castro SSG David Andrews Sgt Randy Wilber Sgt John H. CPL Dave Hoover SGT Mark Halmrast SPC Margaret Higgins PO1 William "Chip" Nagel
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Maj Marty Hogan a profound read and statement with factual numbers to substantiate the read/share of the most informative. Great read...…
PO1 Tony Holland SFC William Farrell PO1 William "Chip" Nagel SMSgt Minister Gerald A. "Doc" Thomas SGT (Join to see) SGT Philip Roncari SPC Margaret Higgins SGT David A. 'Cowboy' Groth SP5 Michael Rathbun CW5 Jack Cardwell]] COL Mikel J. Burroughs ] CPL Dave Hoover SFC Shirley Whitfield SPC Jovani Daviu LTC Stephen F. SGT Jim Arnold SSG William Jones MSgt Ken "Airsoldier" Collins-Hardy Capt Dwayne Conyers
PO1 Tony Holland SFC William Farrell PO1 William "Chip" Nagel SMSgt Minister Gerald A. "Doc" Thomas SGT (Join to see) SGT Philip Roncari SPC Margaret Higgins SGT David A. 'Cowboy' Groth SP5 Michael Rathbun CW5 Jack Cardwell]] COL Mikel J. Burroughs ] CPL Dave Hoover SFC Shirley Whitfield SPC Jovani Daviu LTC Stephen F. SGT Jim Arnold SSG William Jones MSgt Ken "Airsoldier" Collins-Hardy Capt Dwayne Conyers
(6)
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