How US Debt to GDP ratio has changed since Obama took over

http://ycharts.com/indicators/us_public_debt_gdp#zoom=10

by flavio87 • 15 years ago

10 5 15 years ago

3pt14159• 15 years ago

Not a Obama defender by any stretch, but he did have to deal with the largest financial crisis I've ever witnessed.

magice• 15 years ago

Agreed. Plus, he had upto 2 expensive wars to fight, and now a hostile House of Representatives who clearly do not understand anything about economics.

sudont• 15 years ago

Took office Jan 20, 2009.

That chart starts spiking before he went into office.

JackDanger• 15 years ago

This appears to be a chart of our recession. Obama is just one of many loosely-connected actors here.

dandiep• 15 years ago

This is because GDP dropped, hence tax revenues dropped, hence debt went up. None of which are related to his policies. It's not because he started some big spending program. Some relevent links:

http://krugman.blogs.nytimes.com/2010/08/03/hey-small-spende... http://krugman.blogs.nytimes.com/2010/10/15/big-spender-upda...

How US Debt to GDP ratio has changed since Obama took over

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