The Soapbox

Shenhoo

Joined: 01/04/2001 Posts: 35214
Likes: 51375


From the website, The Balance: Covers Post WWII through Reagan.


Reagan's fiscal recklessness was at an entire peace time level. He truly divorced spending from taxation like none before. Dick Cheney was dead on in his observation that drove the GWB administration's fiscal policy, particularly with regard to funding their Iraq boondoggle. We actually were in a pretty good place after the Clinton years for the last time. Here are the numbers. You were a fan, I believe, right?

Ronald Reagan: Added $1.86 trillion, a 186% increase from the $997.8 billion debt at the end of Carter's last budget.5

FY 1989 - $255 billion
FY 1988 - $252 billion
FY 1987 - $225 billion
FY 1986 - $302 billion
FY 1985 - $251 billion
FY 1984 - $195 billion
FY 1983 - $235 billion
FY 1982 - $145 billion
Jimmy Carter: Added $299 billion, a 42.7% increase from the $698.8 billion debt at the end of Ford's last budget.5

FY 1981 - $90.1 billion
FY 1980 - $81.1 billion
FY 1979 - $54.9 billion
FY 1978 - $72.7 billion
Gerald Ford: Added $223.7 billion, a 47.1% increase from the $475 billion debt at the end of Nixon's last budget.5

FY 1977 - $78.4 billion
FY 1976 - $87.2 billion
FY 1975 - $58.1 billion
Richard Nixon: Added $121.3 billion, a 34.3% increase from the $353.7 billion debt at the end of President Johnson's last budget.5

FY 1974 - $16.9 billion
FY 1973 - $30.8 billion
FY 1972 - $29.1 billion
FY 1971 - $27.2 billion
FY 1970 - $17.1 billion
Lyndon B. Johnson: Added $42 billion, a 13% increase from the $312 billion debt at the end of President Kennedy's last budget, FY 1964.5

FY 1969 - $6.1 billion
FY 1968 - $21.3 billion
FY 1967 - $6.3 billion
FY 1966 - $2.6 billion
FY 1965 - $5.5 billion
John F. Kennedy: Added $23 billion, an 7.8% increase from the $288.9 billion debt at the end of Eisenhower's last budget.5

FY 1964 - $5.8 billion
FY 1963 - $7.6 billion
FY 1962 - $9.2 billion
Dwight Eisenhower: Added $22.8 billion, an 8.6% increase from the $266 billion debt at the end of Truman's last budget.5

FY 1961 - $2.6 billion
FY 1960 - $1.6 billion
FY 1959 - $8.3 billion
FY 1958 - $5.8 billion
FY 1957 - $2.2 billion surplus
FY 1956 - $1.6 billion surplus
FY 1955 - $3.1 billion
FY 1954 - $5.1 billion
Harry Truman: Added $7.3 billion, a 2.8% increase from the $258.6 billion debt at the end of President Roosevelt’s last budget.5

4

FY 1953 - $6.9 billion
FY 1952 - $3.8 billion
FY 1951 - $2.1 billion surplus
FY 1950 - $4.5 billion
FY 1949 - $478 million surplus
FY 1948 - $6 billion surplus
FY 1947 - $11 billion surplus
FY 1946 - $10.7 billion

(In response to this post by Tuckahokie)

Posted: 05/05/2021 at 7:41PM



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Current Thread:
  Aligns with Reaganomics -- WaxHoo 05/05/2021 4:42PM
  He was busy with the ATCs -- Zhoo 05/05/2021 8:30PM
  LOL. It is why he lost. He was naive to... -- Los Angeles Hoo 05/05/2021 11:22PM
  See Reagan response to AIDS. ** -- DanTheFan 05/05/2021 7:15PM
  Irrelevant ** -- WaxHoo 05/05/2021 6:06PM
  If deficits don't matter, then why have taxes? ** -- Joey Wahoo 05/05/2021 5:24PM
  I thought y'all hated him ** -- Tuckahokie 05/05/2021 4:44PM
  No doubt ** -- HokieDan95 05/05/2021 7:17PM
  Read much? ** -- HokieDan95 05/05/2021 5:00PM
  Yeah I do, Dan. You're a hypocrite. ** -- WaxHoo 05/05/2021 5:02PM
  Stay classy dude ** -- HoodatB 05/05/2021 5:23PM
  So you missed Waxie's prior "classy" thread? ** -- Hoodafan 05/05/2021 5:54PM
  Just quoting your comrade waxie. ** -- Wahoo Gus 05/05/2021 5:35PM
  OK -- HoodatB 05/05/2021 7:14PM
  No ** -- WaxHoo 05/05/2021 5:15PM
  That’s sithie ** -- WaxHoo 05/05/2021 5:37PM
  I thought y'all loved him** -- WaxHoo 05/05/2021 4:46PM
  A bunch of Americans sure did (link) -- Tuckahokie 05/05/2021 4:49PM
  There's no problem down there. Trust me. ** -- WaxHoo 05/05/2021 5:10PM
  Screen name...Waxxx Hoo ** -- Tuckahokie 05/05/2021 5:12PM
  You're going to give DQ a major pussy ass woodie. ** -- Wahoo Gus 05/05/2021 5:42PM
  Screen name: Donald Trump -- WaxHoo 05/05/2021 5:14PM
  Weren't you featured in 'Nailin Palin? ** -- Tuckahokie 05/05/2021 5:17PM
  No ** -- WaxHoo 05/05/2021 5:34PM
  That's different. ** -- ResistHoo 05/05/2021 4:58PM
  Apparently a few chromosomes. ** -- ResistHoo 05/05/2021 4:55PM
  A clear case of RDS ** -- DexterLake 05/05/2021 4:43PM
  Just quoting the saint ** -- WaxHoo 05/05/2021 4:47PM
  No ** -- WaxHoo 05/05/2021 4:50PM
  Why ** -- WaxHoo 05/05/2021 4:54PM
  I think you're starting to catch on! ** -- ResistHoo 05/05/2021 4:15PM
  Yes. Pay superspreader locations to stay closed -- WahooMatt05 05/05/2021 4:15PM
  Your kids don't need to be vaccinated. -- DexterLake 05/05/2021 4:43PM
  Exactly. We should’ve done a better job helping them. -- WahooMatt05 05/05/2021 4:42PM
  But back to the original topic ..... -- DexterLake 05/05/2021 4:45PM
  Pay them higher wages and the problem solves itself** -- WahooMatt05 05/05/2021 4:48PM
  Case Study: Panera Bread -- DexterLake 05/05/2021 4:56PM
  Please do post a case study rather than an anecdote. ** -- Seattle .Hoo 05/05/2021 5:00PM
  LOL...this board cracks me up ** -- Tuckahokie 05/05/2021 5:06PM
  *Cough* Inflation *Cough* ** -- ResistHoo 05/05/2021 4:51PM
  Numbers. -- JMHoo 05/05/2021 9:10PM
  Donald? ** -- HoodatB 05/05/2021 4:18PM
  What a knee slapper. Gutfeld "joke?" ** -- Seattle .Hoo 05/05/2021 4:39PM
  Lighten up Karl. That was pretty funny. ** -- Hoodafan 05/05/2021 4:53PM
  There's definitely no accounting for humor. ** -- BocaHoo91 05/05/2021 7:51PM
  It was part of his COVID relief bill. ** -- Seattle .Hoo 05/05/2021 4:29PM
  Which is drunk and disorderly. ** -- BocaHoo91 05/05/2021 4:34PM
  Don't be a Nancy .... -- DexterLake 05/05/2021 4:40PM
  You think that's what happened, huh? ** -- Seattle .Hoo 05/05/2021 4:38PM
  Agreed. -- HoodatB 05/05/2021 4:22PM

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