Chart: national debt over time.
by Hanlon on November 30, 2006 at 3:04 pmWill sent me this, I found it interesting. It’s a chart of the national debt every year since the 1940s. Mildly depressing.

Now I heavily doubt I need to point this out, but I will anyway. Take a look at where the biggest spikes occur. The first starts around 1980 and starts to taper off in 1993, almost stagnating in the late 1990s. Then after 2001 it rockets upward again, with no slowdown in sight.
The republicans often tell us that democrats are crazy with money. They spend and spend and tax like crazy, that they’re the ones who are smart with the country’s budget. But the numbers don’t seem to support that at all. Genuinely depresses me. I remember the seemingly unending economic boom of the 1990s, and now this.
Posted: November 30th, 2006 under democrats, economy, republicans.



