Tuesday, May 18, 2010

Who Spent All Our Money?

@YKantBobReed posited that fiscal conservatives would not vote Republicans because the US national debt (as a function of the GDP, Gross Domestic Product) increased more during the times Republicans were in the White House. (He didn't fit all that into one tweet; I'm reading between the lines based on his link posted to @adamsbaldwin.)

The reply from @adamsbaldwin stated, "Congress spends money. Got a chart that tracks Congress along those same timelines?"

As yet, @YKantBobReed has not offered any such chart via his Twitter feed.

Because tomorrow is a school holiday, I have lots of free time :) so I Googled to see if such a chart existed. I could not find one easily, but I collated the data and created my own chart. At the end, I offer a few observations based on the totals.


Year-2-year % chg. US National Debt as Function of Congressional Control





% of GDP Congressional control by party or split S/H control D R split




1945 117.5 D ---



D=Democratic-Controlled Senate, House

1946 121.7 D 4.20



R=Republican-Controlled Senate, House

1947 110.3 R
-11.40


R/D and D/R indicate Senate/House controlled by different parties.
1948 98.2 R
-12.10


1949 93.1 D -5.10






1950 94.1 D 1.00






1951 79.7 D -14.40






1952 74.3 D -5.40



References: http://uspolitics.about.com/od/usgovernment/l/bl_party_division_2.htm
1953 71.4 R/D

-2.90

1954 71.8 D 0.40



1955 69.3 D -2.50






1956 63.9 D -5.40



http://en.wikipedia.org/wiki/National_debt_by_U.S._presidential_terms
1957 60.4 D -3.50






1958 60.8 D 0.40






1959 58.6 D -2.20






1960 56.0 D -2.60






1961 55.2 D -0.80






1962 53.4 D -1.80






1963 51.8 D -1.60






1964 49.3 D -2.50






1965 46.9 D -2.40






1966 43.5 D -3.40






1967 42.0 D -1.50






1968 42.5 D 0.50






1969 38.6 D -3.90






1970 37.6 D -1.00






1971 37.8 D 0.20






1972 37.1 D -0.70






1973 35.6 D -1.50






1974 33.6 D -2.00






1975 34.7 D 1.10






1976 36.2 D 1.50






TQ 35.0 D -1.20






1977 35.8 D 0.80






1978 35.0 D -0.80






1979 33.2 D -1.80






1980 33.4 D 0.20






1981 32.5 R/D

-0.90




1982 35.3 R/D

2.40




1983 39.9 R/D

4.60




1984 40.7 R/D

0.80




1985 43.8 R/D

3.10




1986 48.2 R/D

4.40




1987 50.4 D 2.20






1988 51.9 D 1.50






1989 53.1 D 1.20






1990 55.9 D 2.80






1991 60.7 D 4.80






1992 64.1 D 3.40






1993 66.1 D 2.00






1994 66.6 R
0.50





1995 67.0 R
0.40





1996 67.1 R
0.10





1997 65.4 R
-1.70





1998 63.2 R
-2.20





1999 60.9 R
-2.30





2000 57.3 R
-3.60





2001 56.4 D/R

-0.90




2002 58.8 D/R

2.40




2003 61.6 R
2.80





2004 62.9 R
1.30





2005 63.5 R
0.60





2006 63.9 R
0.40





2007 64.4 D 0.50






2008 69.2 D 4.80






2009 83.4 D 14.20






% Change over time
23.90 -27.20 15.90
















It appears that a Democratic Congress increased the debt percentage by almost 24% net over the last 55 years (more than half in 2009). A “split” Congress had a net increase of nearly 16%. Years that had a Republican-controlled Congress decreased the debt percentage by more than 3.5% in recent years in addition to decreases in '47 and '48.
























The Republican Congresses also tend toward smaller increases than either the Democratic or “split” Congresses.
So who is responsible: Congress or the President? We the people who elect them all probably need to share some credit and blame as well, but these numbers seem to indicate that those who control Congress make the difference.