This is where I have a huge issue.
Imagine this...
I owe 50 thousand dollars!
Now my company last year made $500,000
Personal debt $50 Thousand.
Companies Gross $500 Thousand.
Personal debt % of Company Gross = 10%
This year my company made $1 Million in sales, and I went $5 Thousand more in debt.
So now...
Personal Debt = $55 Thousand.
Company Gross $1 Million.
Personal Debt % of Company Gross = 5.5% (a 4.5% drop!)
So I come home to my lovely wife and tell her the great news! My debt as a percentage of the companies gross sales has gone down! (I'm not married)
What does my lovely wife do? She pulls out the bank statements and says "we still owe $55 thousand, 5 grand more than last year"... Sometimes women can see through male b*****
What's my point? My point is, debt as a percentage of GDP is totally irrelevant. If our government owes 5 trillion, it still owes 5 trillion regardless if that's a higher, or lower percentage compared to GDP.
And as one of the other informed posters on here pointed out... our total debt, *not* 'on budget, off budget'... but total debt increased every year during Clinton. There was not one single year in the last 20 where the debt actually decreased. It never happened, it was a lie, it was fudging the numbers, it was a "governmental Enron" situation during the 90s. The surplus never existed. Time to open those eyes to reality 