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According to Investopedia [1], US debt rose most under administrations of FDR, Woodrow Wilson, and Ronald Reagan. This is pretty easy to explain by their terms
by nine_k 2y ago
According to Investopedia [1], US debt rose most under administrations of FDR, Woodrow Wilson, and Ronald Reagan. This is pretty easy to explain by their terms coinciding with winning in WWII, WWI, and the Cold War respectively.
The last president to attain a budget surplus was indeed a surprise for me.
[1]: https://www.investopedia.com/us-debt-by-president-dollar-and-percentage-7371225 https://www.investopedia.com/us-debt-by-president-dollar-and...