Originally Posted by txz4
just worth pointing out, according to the numbers Bush W. spent about 4.9 trillion. Last time i checked 4.9 was not 42.7% of 14.3 trillion...As pointed out earlier, there has been a bigger increase in national debt under Obama than Bush, as of February.
This chart shows the contribution by each to the total at the time, so its a bit confusing. Regardless, straight dollars don't matter, only percentages do. Reagan went from 1T to almost 3T, an increase of 186% (per my previously posted chart). Obama is currently at around half the percentage of W Bush, but again, that's mostly due to the ongoing Bush debts.