In 1981 the gross
national debt, compared to the nation's annual income, reached its
lowest point since 1931. Despite his claim to
hate the
debt, Reagan instituted unprecedented peacetime deficit
spending. This is not partisan politics, this is straight off
the
White
House web site.
As the graph shows, Bush II repeated Reagan's performance and turned the debt
upward again. Bush II's own Office
of Management and Budget provides all the data.