Posts Tagged ‘presidents’

Debt and the Presidents of the United States

Friday, April 15th, 2011

If you’ve ever watched the news, you probably know that every problem facing our nation is all one person’s fault: the president.

Well, that’s probably not fair.

This neat-o infographic shows the net worth of every U.S. president and the national debt when they entered and left office. It’s a great perspective during this particular time of budget crisis and finger-pointing.

Do you see any patterns? Is the federal deficit tied to a president’s money-management skills? Wealth? Or something entirely different (like, uh, wars and recessions)?

presidents-and-debt.png
(via credit sesame)

If we need more money, why can’t the government just print more?