Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.
Alexis de Tocqueville
Federal Debt: Total Public Debt as Percent of Gross Domestic Product - FRED - St. Louis Fed
GDP grew 75.5% under Reagan's FY
Gross Domestic Product - FRED - St. Louis Fed
federal revenues under reagan grew 60%, this includes more than income taxes
oh, and by the way
reagan's "peace dividend" created OBL,
and per your own words, government spending (and especially deficit spending, "creates jobs")
now on to the comparison
relative increase in debt/GDP
Obama: 19.8% to date
Who is your fiscal conservative villain again?
We have to depend on the same people in congress to do something, regardless of whether it is reducing tax revenue, or cutting spending. It's not like there is one group of people who are in charge of cutting taxes, and a different group that are in charge of spending.
Anyhow, more jobs per year were created under Carter than Reagan.
That's pretty pathetic isn't it? Even Carter had better economic performance.Bush added 4.9 trillion to the debt, grew FIT 35%, increased GDP by 4.5 trillion dollars and had debt at 73% of GDP.
sure: Obama Outperforms Reagan On Jobs, Growth And Investing - ForbesWant to compare what Obama has done?
Heck, there have been more jobs created under Obama in the last two years, than during the ENTIRE Bush administration(s) (all three Bush terms combined).
Interesting since BEA disagrees
I don't use inflation adjust numbers because it was debt and GDP at the time not in 2005 numbers and debt service isn't inflation adjusted numbers
Reagan took office with employment at 99 million and left it at 116 million
Reagan took office with GDP at 2.8 trillion and left it at 5.6 trillion
Reagan took office with FIT being at 250 billion at the end of 1980 and 450 billion after he left office in 1989
Seems research isn't a strength of yours as you don't really understand the numbers you post
That Peace Dividend allowed Clinton to create Bin Laden or did you forget the December 1998 PDB?