[Anitius Severinus Boethius]

Doesn't that chart show 1929 as only around 140%, and the spike occurring during the depression?

[RegulatorCountry]

"Doesn't that chart show 1929 as only around 140%, and the spike occurring during the depression?"

It does. And, considering the intending meaning of this chart in context, I suppose some people think the Great Depression was a "good" thing, since the deficit as a percentage of GDP declined.

[Petronski]

Doesn't that chart show 1929 as only around 140%, and the spike occurring during the depression?

Yes it does. The label for the 1929 peak is a deliberate falsehood.