THE RUGGED INDIVIDUALIST                     

Debt by President

 

 

U.S. president

Party

Term years

Start debt/GDP

End debt/GDP

Increase debt ($T)

Increase debt/GDP
(in
percentage points)

House Control
(with # if
split during term)

Senate Control
(with # if
split during term)

Roosevelt/Truman

D

1945–1949

117.5%

93.1%

0.05

-24.4%

79th D, 80th R

79th D, 80th R

Truman Harry Truman

D

1949–1953

93.1%

71.4%

0.01

-21.7%

D

D

Eisenhower1 Dwight Eisenhower

R

1953–1957

71.4%

60.4%

0.01

-11.0%

83rd R, 84th D

83rd R, 84th D

Eisenhower2 Dwight Eisenhower

R

1957–1961

60.4%

55.2%

0.02

-5.2%

D

D

Kennedy/Johnson

D

1961–1965

55.2%

46.9%

0.03

-8.3%

D

D

Johnson Lyndon Johnson

D

1965–1969

46.9%

38.6%

0.05

-8.3%

D

D

Nixon1 Richard Nixon

R

1969–1973

38.6%

35.6%

0.07

-3.0%

D

D

Nixon2 Nixon/Ford

R

1973–1977

35.6%

35.8%

0.19

+0.2%

D

D

Carter Jimmy Carter

D

1977–1981

35.8%

32.5%

0.28

-3.3%

D

D

Reagan1 Ronald Reagan

R

1981–1985

32.5%

43.8%

0.66

+11.3%

D

R

Reagan2 Ronald Reagan

R

1985–1989

43.8%

53.1%

1.04

+9.3%

D

99th R, 100th D

Bush GHW George H. W. Bush

R

1989–1993

53.1%

66.1%

1.40

+15.0%

D

D

Clinton1 Bill Clinton

D

1993–1997

66.1%

65.4%

1.18

-0.7%

103rd D, 104th R

103rd D, 104th R

Clinton2 Bill Clinton

D

1997–2001

65.4%

56.4%

0.45

-9.0%

R

R

Bush GW1 George W. Bush

R

2001–2005

56.4%

63.5%

1.73

+7.1%

R

107th Split, 108 R

Bush GW2 George W. Bush

R

2005–2009

63.4%

83.4%

2.63

+20.0%

109th R, 110th D

109th R, 110th D

Obama1 Barack Obama

D

2009–

83.4%

111th D, 112th R