Actually Bush’s second 4 years brought it up to thrice the amount credited to him on this graph.
Bush was the single worst ever president for our economy, and it is pretty much in shambles now, with nothing to do but further increase debt and reduce taxes because we are slipping into the unavoidable recession…
Trying to shore that up reqires more injections of money, more debt, and we are still spending a ton in Iraq ansd Afghanistan.
I am seriously troubled about our economy.
Here is a chart that goes a bit further, and the raise continues at the same rate since this chart ended. The dip is actually Clinton.
We have borrowed as much as we can from Europe and actually caused stock market crashes in Japan and Germany in the last month because of the real estate loans we sold to these countries, which collapsed and brought their major banks into serious trouble.
And guess who we borrowed the other money from? Who’s bidding we now do? At who’s mercy we now are? Any guesses?