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Cannonpointer
16 Feb 2014 12:57 pm
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98% Macho Man
98% Macho Man
45,426 posts
Cedarswamp » 16 Feb 2014 7:52 am » wrote: You fail to account for inflation.
In the OP, yes. To account for inflation, you have to look at the debt to GDP ratio as the standard of measure. I did it in a follow-on post:
Cannonpointer » 16 Feb 2014 3:25 am » wrote:BUT THERE IS MORE!

http://en.wikipedia.org/wiki/History_of ... ublic_debt

blaq bla, bla bla,

Reagan added 1.873 TRILLIONS to the national debt, which GREW our national debt, as a function of GDP, for the first time since WW!! - TRIPLED THE NATIONAL DEBT as measured in dollars (does not account for inflation), and grew it by a whopping 23.5% as a function of GDP (ACCOUNTS FOR INFLATION)!

In summary, Reagan oversaw a stagnant economy (at least, as measured against Jimmy Carter's or Bill Clinton's), AND he added to our national debt.

The conservatives in the mainstream media and on this board can spin and spin, but they cannot make these numbers go away.
There ya go. I accounted for inflation.
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