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National debt of the United States (view source)
Revision as of 20:56, September 1, 2007
, 20:56, September 1, 2007no edit summary
==Debt of the US==
==Debt of the US==
In January 20, 1993; the same year of Clinton's inauguration into office, the national debt of the United States was 4.1 trillion dollars and by the end of his run in office (January 19, 2001) it was at 5.7 trillion dollars. <ref>http://www.treasurydirect.gov/NP/NPGateway</ref> By August 8, 2008; the debt has grown to 8.9 trillion dollars.<ref>http://www.treasurydirect.gov/NP/NPGateway</ref>
In January 20, 1993; the same year of Clinton's inauguration into office, the national debt of the United States was 4.1 trillion dollars and by the end of his run in office (January 19, 2001) it was at 5.7 trillion dollars. <ref>http://www.treasurydirect.gov/NP/NPGateway</ref> By August 8, 2008; the debt has grown to 8.9 trillion dollars.<ref>http://www.treasurydirect.gov/NP/NPGateway</ref>
==Debt to GDP Ratio==
Instead of measuring an absolute number, the Debt to GDP ratio is the measurement of the national debt as a percentage of the gross domestic product. It is a measure of the debt in relation to the economy and of our capacity to carry and repay debt. The US Debt to GDP ''ratio'' is getting smaller, as the US economy is growing faster than the debt. This has not always been the case. <ref>http://www.optimist123.com/optimist/</ref>
==References==
==References==
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