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    Posted by Chip Murray
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Have we always been stupid over debt ...spending ...taxes?

  •  

    Folks the boo-boo has been made. All the while thought my for-crying-out-loud musings were "on the air", but i never hit the publish button and have been leaving them in draft mode. So here comes ...more than one

     

     

    Created by amajor pain Sat at 3:08 AM - Category: America's Founding/History - Tags: #Debt  #spending 
     
     


        Political Power         Dates             Average Annual Change
                                 in National Debt

    (Percentage Points of GDP)
    Bill Clinton with Democratic
    House and Senate            1/20/93 – 1/4/95         0.9

    Bill Clinton with Republican
    House and Senate            1/4/95 – 1/19/01         -1.6

    George W. Bush with Republican
    House and Senate            1/19/01 – 6/6/01
                    11/12/02 – 1/4/07        0.7

    George W. Bush with Republican
    House and Democratic Senate        6/6/01 – 11/12/02         2.2

    George W. Bush with Democratic
    House and Senate            1/4/07 – 1/20/09         6.2

    Barack Obama with Democratic
    House and Senate            1/20/09 – 1/4/11         9.1
                                        
                                                        
    http://www.usgovernmentspending.com/

                                                
                                
            GDP    tax extraction    nat'l debt    spending        debt int        defense

    1792        $220m       $3.7m        $77.2m      $5.1m              $3.2m        $1.2m
    1793        $250m      $4.8m        $80.4m      $4.6m        $2.8m        $1.2m
    1794        $310m      $5.6m        $78.4m      $7.1m        $3.5m        $4.8m
    1795        $380m      $6.3m        $80.8m      $7.7m        $3.2m        $3.0m
    1796        $410m      $8.6m        $83.8m      $5.9m        $3.2m        $1.6m
    1797        $410m      $8.9m        $82.1m      $6.3m        $3.3m        $1.5m
    1798        $410m      $8.1m        $79.2m      $7.9m        $3.1m        $3.5m
    1799        $440m      $7.8m        $78.4m      $9.9m        $3.2m        $5.4m
    1800        $480m    $11.1m        $83.0m    $11.0m        $3.4m        $6.1m
    1810        $699m      $9.9m        $53.2m      $8.7m        $2.8m        $4.0m
    1820        $703m    $19.0m        $91.0m    $19.4m        $5.1m        $10.2m
    1830        $1.012b    $26.7m        $48.6m    $17.1m        $1.9m        $9.4m
    1840        $1.559b    $24.0m        $3.6m    $29.0m        $0.2m        $15.8m
    1850        $2.556b    $49.1m        $63.5m    $44.8m        $3.8m        $19.2m
    1860        $4.345b    $64.6m        $3.2m    $78.0m        $3.2m        $29.0m
    1870        $7.737b    $430.1m        $2.48b    $333.7m        $129.2m        $107.8m
    1880        $10.36b    $366.8m        $2.12b    $304.2m        $95.2m        $108.4m
    1890        $15.1b    $464.0m        $1.55b    $384.4m        $36.1m        $173.5m
    1900        $20.56b    $669.6m        $2.14b    $628.6m        $40.2m        $331.6m
    1910        $33.40b    $875.0m        $2.65b    $839.9m        $24.5m        $389.6m
    1920        $88.39b    $7.38b        $25.95b    $6.78b        $1.02b        $2.64b
    1930        $91.20b    $4.83b        $16.19b    $39.56b        $648m        $1.46b
    1940        $101.4b    $7.0b        $50.70b    $10.06b        $899m        $2.16b
    1950        $293.7b    $43.5b        $256.9b    $44.80b        $4.04b        $24.24b
    1960        $526.4b    $99.8b        $290.5b    $97.28b        $7.66b        $53.29b
    1970        $1.038t    $192.8b        $380.4b    $195.6b        $14.38b        $94.69b
    1980        $2.788t    $517.1b        $909.0b    $590.9b        $52.5b        $167.9b
    1990        $5.801t    $1.032t        $3.206t    $1.253t        $184.3b        $342.2b
    2000        $9.952t    $2.025t        $5.629t    $1.789t        $222.9b        $358.7b


    from usdebtclock.org

            GDP    tax extraction    nat'l debt    spending        debt int        defense
                                                            
    2000          $9.633t    $1.971t          $5.692t    $1.766t        $224.8b        $308.1b
    2004        $11.495t    $1.853t          $7.435t    $2.257t        $158.2b        $440.8b
    2008        $14.065t    $2.535t        $10.303t    $2.914t        $248.6b        $648.8b


    ---


    largest budget items
        welfare     health, education     fed pens    debt int    inc sec    defense    medi___    socsec

    from http://www.usgovernmentspending.com/

    1792                    $3.2m        $1.2m
    1793                    $2.8m        $1.2m
    1794                    $3.5m        $4.8m
    1795                    $3.2m        $3.0m
    1796                    $3.2m        $1.6m
    1797                    $3.3m        $1.5m
    1798                    $3.1m        $3.5m
    1799                    $3.2m        $5.4m
    1800                    $3.4m        $6.1m
    1810                    $2.8m        $4.0m
    1820                    $5.1m        $10.2m
    1830                    $1.9m        $9.4m
    1840                    $0.2m        $15.8m
    1850                    $3.8m        $19.2m
    1860                    $3.2m        $29.0m
    1870                    $129.2m      $107.8m
    1880                    $95.2m        $108.4m
    1890                    $36.1m        $173.5m
    1900                    $40.2m        $331.6m
    1910    $6.4m    $10.6m            $24.5m        $389.6m
    1920    $9.0m    $51.0m            $1.02b        $2.64b
    1930    $3.0m    $125m        $21m    $648m        $1.46b
    1940    $600.0m    $466m        $85m    $899m        $2.16b
    1950    $1.62b    $3.802b        $994m    $4.04b        $24.24b
    1960    $3.01b    $3.1b        $11.7    $7.66b        $53.29b
    1970    $10.11b    $21.7b        $27.4b    $14.38b        $94.69b
    1980    $59.9b    $88.5b        $129.3b    $52.5b        $167.9b
    1990    $96.6b    $195.8b        $267.0b    $184.3b        $342.2b
    2000    $176.6b    $411.6b        $448.7b    $222.9b        $358.7b


    from usdebtclock.org

                    fed pens    debt int    inc sec    defense    medi___    socsec

    2000                 $87.1b    $224.8b    $137.6b    $308.1b    $329.6b    $400.8b
    2004                $133.3b    $158.2b    $192.3b    $440.8b    $462.7b    $486.0b
    2008                $170.5b    $248.6b    $244.3b    $648.8b    $648.9b    $603.6b


    ---


    hyper-jump to...

            GDP    extraction        debt    spending    unfunded liabilites    @twitter #nationaldebt

    8/16/2011        $14.839t    $2.203t        $14.617t    
    8/17/2011        $14.841t    $2.203t        $14.621t    
    8/18/2011        $14.842t    $2.203t        $14.625t        $115.160t
    8/19/2011        $14.841t    $2.203t        $14.621t    
    8/20/2011        $14.845t    $2.204t        $14.632t        $115.187t
    8/21/2011        $14.846t    $2.204t        $14.635t        $115.201t
    8/22/2011        $14.848t    $2.204t        $14.639t        $115.215t
    8/24/2011                                     $14.612t
    8/25/2011            $2.204t        $14.655t        $115.290t
    8/26/2011                                    $14.639t
    8/27/2011        $14.855t    $2.205t        $14.658t        $115.286t
    8/28/2011    @0900    $14.856t    $2.205t        $14.659t        $115.292t  
    8/28/2011    @2200    $14.896t    $2.265t        $14.661t        $115.300t  
    8/29/2011        $14.898t    $2.265t        $14.665t        $115.313t
    8/30/2011        $14.899t    $2.266t        $14.668t        $115.327t
    8/31/2011        $14.901t    $2.266t        $14.672t        $115.341t
    9/3/2011        $14.904t    $2.267t        $14.680t        $115.371t
    9/4/2011        $14.904t    $2.268t        $14.687t        $115.397t
    9/5/2011        $14.909t    $2.268t        $14.691t        $115.412t
    9/6/2011        $14.911t    $2.269t        $14.694t    $3.556t    $115.426t
    9/7/2011        $14.912t    $2.269t        $14.698t    $3.556t    $115.438t
    9/8/2011        $14.913t    $2.270t        $14.699t    $3.556t    $115.450t        $14.698t  @1400
    9/9/2011        $14.915t    $2.270t        $14.701t    $3.557t    $115.468t        $14.717t  @1200
    9/10/2011        $14.917t    $2.270t        $14.709t    $3.557t    $115.481t
    9/11/2011        $14.919t    $2.271t        $14.713t    $3.558t    $115.496t
    9/12/2011        $14.920t    $2.271t        $14.716t    $3.558t    $115.510t        $14.685t  @2200
    9/13/2011        $14.922t    $2.272t        $14.720t    $3.559t    $115.523t        $14.711t  @1100
    9/14/2011        $14.923t    $2.272t        $14.723t    $3.559t    $115.537t        $14.688t  @1200
    9/15/2011        $14.925t    $2.272t        $14.727t    $3.559t    $115.551t
    9/16/2011        $14.927t    $2.273t        $14.731t    $3.560t    $115.565t
    9/17/2011        $14.928t    $2.273t        $14.735t    $3.560t    $115.581t
    9/18/2011        $14.930t    $2.274t        $14.738t    $3.561t    $115.594t
    9/19/2011        $14.931t    $2.274t        $14.742t    $3.561t    $115.608t        $14.699t @1500
    9/20/2011        $14.933t    $2.275t        $14.746t    $3.561t    $115,622t
    9/21/2011        $14.935t    $2.275t        $14.749t    $3.562t    $115,636t
    9/22/2011        $14.936t    $2.275t        $14.753t    $3.562t    $115,650t
    9/23/2011        $14.938t    $2.276t        $14.756t    $3.562t    $115,663t        $14.705t @1500
    9/24/2011        $14.939t    $2.276t        $14.760t    $3.563t    $115.678t

    *income security - supplemental security income, earned income credit, unemployment compensation, nutrition assistance, family support, child nutrition, foster care, making work pay

Comments

1 comment
  • amajor pain
    amajor pain The answer to the question is: NO!
    October 6, 2012