I was about to write "Last century?" because I thought that US Debt was
close to 0 in the early 80's, but you're essentially right. It's been there since the Civil War and jumped big in WW2 of course. But it was on a downward course until 1979/1980, at which point it started a pretty continual upward trend (dropping a little late Clinton).
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In response to this post by Tafkam Hokie)
Posted: 05/21/2020 at 2:33PM