[FreeReign]

(spending means borrowing, of course. Not cashing in our 'savings' from the pillowcase or cookie jar).

Interest expenditures on our borrowing as a pecentage of GDP in 2002 was 1.7%. During Reagan and Bush I and Carter is was between ~ 2.5% and 3.0%.

Thus now, 1.7% of your paycheck goes toward funding the debt whereas under three previous presidents it was between 2.5% and 3%.

[templar]

Where do I find the GDP figures for both Regan and Carter?

[FreeReign]

Correction;

Interest expenditures on our borrowing as a pecentage of GDP in 2002 was 1.7%. During Reagan and Bush I and CarterClinton it was between ~ 2.5% and 3.0%.