Sunday, March 03, 2013

Presidents and the National Debt



I came across this on the 'Net, and  was wondering if some of you may have some idea if this is true, or is this false and part of some sort of dis-information campaign. It just doesn't pass the "smell Test" for me.....

posted by Mr. Completely @ 3:51 PM   3 comments

3 Comments:

At Monday, March 04, 2013 3:03:00 PM, Blogger Daddy Hawk said...

I can't say for sure without research, but I suspect it's a statistical shell game. A debt increase of $1 trillion on a $10 trillion debt is still only a 10% increase while going from $500 billion to $1 trillion is a 100% increase. Which increas is worse?

 
At Tuesday, March 05, 2013 7:44:00 PM, Blogger Billll said...

It's an apples to oranges comparison.
http://www.snopes.com/politics/politicians/nationaldebt.asp

Also look here:
http://www.snopes.com/politics/politicians/nationaldebt.asp

 
At Thursday, March 07, 2013 10:02:00 AM, Blogger Sigivald said...

Yeah. Not just the "percentage increase" factor is misleading.

The real misleading is that Congress makes the budget, not the President.

When you look at party control of Congress it looks much more even-handed.

(This guy has average-per-year and over term stats, and the numbers somehow don't match that chart.

It's especially stupid that that chart compares 8 years of President Bush with about two and a half years of President Obama as if it was a Final Number.)

 

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