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Yes, the amount of debt was much larger in WW2. https://en.wikipedia.org/wiki/History_of_the_United_States_public_debt#/media/File:Federal_Debt_Held_by_the_Publ
by hwstar 11y ago
Yes, the amount of debt was much larger in WW2. https://en.wikipedia.org/wiki/History_of_the_United_States_public_debt#/media/File:Federal_Debt_Held_by_the_Public_1790-2013.png https://en.wikipedia.org/wiki/History_of_the_United_States_p...
- nocman 11y agoOnly if you are measuring against GDP. Even adjusting for the value of a dollar in 1950, the $260 billion owed was equivalent only to about 3.5 trillion dollars. Nothing to sneeze at, but nowhere near 19 trillion.