(note: this article is periodically updated just to keep the data current)
The national debt, per capita after each Presidential administration [election year] from Ford (1976) to Obama (Present):
(figures are approximate)
1976 After Gerald Ford – $2,844
1980 After Jimmy Carter – $4,352
1988 After Ronald Reagan – $12,000
1992 After George HW Bush – $15,875
2000 After Bill Clinton – $20,121
2008 After George W. Bush – $31,600
[Interim Update: 2011] After Barack Obama – $46,326 [and still counting]
[Interim Update: 07-2012] Obama – $51,000 [and still counting]
2012 After Obama (1st term) – $52,300 [and still counting]
2013 (Nov)
The national debt is not going to decrease anytime soon. Serious cuts must be made. They need to cut the spending in half in order to really start to see a change. We are heading towards the debt wall if nothing changes.