Under What Administrations Does The Debt-to-GDP Ratio Start Rising?

 Under what administrations does the debt-to-GDP start rising? 

Pretty clear to me:

Figure 1: Federal debt held by public divided by GDP, %. NBER defined peak-to-trough recession dates shaded gray. Source: Treasury, GDP via FRED, NBER, author’s calculations.

There’s a party that’s loved debt over the past 40 odd years, despite protestations. Note also debt/GDP started rising precipitously in 2008Q3 (under G.W. Bush). It’s come down since 2021Q1, although rising in most recent quarters.


More By This Author:

One Of The Three Is Not Like The Others: The Partisan Divide And Economic Sentiment
Recession In 2022?
Employment in January: Benchmark Revisions, Seasonality, Population Controls

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with