realms.org has returned

Tue Oct 20 12:47:51 PDT 2009

This is an e-mail I received from an old high school friend of mine:

The caption is "Worth a Thousand Words... "

This is the response I sent to the entire distribution list:

I think facts are worth ten thousand words, rather than whatever is being spouted out of Fox news and right wing radio:

Under the Carter administration, US National Debt as a percentage of per capita personal income fell from 56% to 53%.
Under the combined Reagan/Bush Sr. administrations, that percentage doubled from 53% to 110%.
Under the Clinton administration, US National Debt as a percentage of per capita income fell from 112% to 90%.
And under GWB, who had a Republican controlled congress 6 out of 8 years, the percentage climbed from 91% to 131%.

I have no doubt that the first year or two of Obama's administration will show a mounting debt.  The same happened to Carter and Clinton as they struggled to bring financial order back to the table.

Let's put to rest the myth that Republicans are fiscally conservative.  They make that claim, but the facts are quite different.  They toot the horn of social responsibility and small government, but what they are really doing is feeding our money to the already wealthy. 

Cheers,
-Dana


Raw numbers:
FORD 12/31/1976 2,997 57%
CARTER 12/31/1977 3,264 56%
CARTER 12/31/1978 3,546 55%
CARTER 12/31/1979 3,755 52%
CARTER 12/31/1980 4,094 53%
REAGAN 12/31/1981 4,483 53%
REAGAN 12/31/1982 5,167 58%
REAGAN 12/31/1983 6,034 64%
REAGAN 12/31/1984 7,052 68%
REAGAN 12/31/1985 8,179 74%
REAGAN 12/31/1986 9,223 79%
REAGAN 12/31/1987 10,036 81%
REAGAN 12/31/1988 10,979 84%
BUSH 12/31/1989 11,964 85%
BUSH 12/31/1990 13,488 94%
BUSH 12/31/1991 15,077 103%
BUSH 12/31/1992 16,379 110%
CLINTON 12/31/1993 17,595 112%
CLINTON 12/31/1994 18,439 111%
CLINTON 12/31/1995 18,983 110%
CLINTON 12/31/1996 20,070 111%
CLINTON 12/31/1997 20,548 107%
CLINTON 12/31/1998 20,774 103%
CLINTON 12/31/1999 21,182 100%
CLINTON 12/31/2000 20,065 90%
BUSH 12/31/2001 20,847 91%
BUSH 12/31/2002 22,247 98%
BUSH 12/31/2003 24,077 103%
BUSH 12/31/2004 25,868 108%
BUSH 12/30/2005 27,565 110%
BUSH 12/28/2006 28,848 112%
BUSH 12/31/2007 30,599 117%
BUSH 12/31/2008 35,123 131%

http://en.wikipedia.org/wiki/United_States_public_debt
http://www.skymachines.com/US-National-Debt-Per-Capita-Percent-of-GDP-and-by-Presidental-Term.htm

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