{"id":205624,"date":"2024-02-11T13:37:26","date_gmt":"2024-02-11T13:37:26","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/02\/11\/under-what-administrations-does-the-debt-to-gdp-start-rising\/"},"modified":"2025-06-25T17:21:55","modified_gmt":"2025-06-25T17:21:55","slug":"under-what-administrations-does-the-debt-to-gdp-start-rising","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/02\/11\/under-what-administrations-does-the-debt-to-gdp-start-rising\/","title":{"rendered":"Under What Administrations Does the Debt-to-GDP Start Rising?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-51095\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>Pretty clear to me:<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/02\/natldebtpix.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-51096\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/02\/natldebtpix.png\" alt=\"\" width=\"993\" height=\"532\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/02\/natldebtpix.png 993w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/02\/natldebtpix-300x161.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/02\/natldebtpix-768x411.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/02\/natldebtpix-624x334.png 624w\" sizes=\"(max-width: 993px) 100vw, 993px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong> Federal debt held by public divided by GDP, %. NBER defined peak-to-trough recession dates shaded gray. Source: Treasury, GDP via FRED, NBER, author\u2019s calculations.<\/em><\/p>\n<p>There\u2019s a party that\u2019s loved debt over the past 40 odd years, despite protestations. Note also debt\/GDP started rising precipitously in <strong>2008Q3<\/strong> (under G.W. Bush). It\u2019s come down since 2021Q1, although rising in most recent quarters.<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2024\/02\/under-what-administrations-does-the-debt-to-gdp-start-rising\" title=\"7:55 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2024-02-03T19:55:58-08:00\">February 3, 2024<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2024\/02\/under-what-administrations-does-the-debt-to-gdp-start-rising\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Pretty clear to me: Figure 1: Federal debt held by public divided by GDP, %. NBER defined peak-to-trough recession dates shaded gray. Source: Treasury,<\/p>\n","protected":false},"author":1,"featured_media":205625,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/205624"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=205624"}],"version-history":[{"count":1,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/205624\/revisions"}],"predecessor-version":[{"id":344273,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/205624\/revisions\/344273"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/205625"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=205624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=205624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=205624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}