8.16.2008

u.s. debt

ever wonder just how exponentially the u.s. debt increased since the birth of the nation? treasurydirect.gov is a financial services website that lets you buy and sell securities directly from the u.s. department of the treasury in paperless, electronic form. they have a historical record of the u.s. debt outstanding since 1791.

some interesting numbers:

1860 - year before the civil war: $64,842,287.88

1866 - year after the civil war: $2,773,236,173.69


1916 - year before the u.s. entered the great war: $3,609,244,262.16
1919 - year after the great war: $27,390,970,113.12


1940 - year before the u.s. entered world war 2: $42,967,531,037.68

1946 - year after world war 2: $269,422,099,173.26


1964 - year before the u.s. entered full combat into vietnam: $311,712,899,257.30

1974 - year after the u.s. left vietnam: $475,059,815,731.55


1980 - year before ronald reagan's presidency and escalation of the cold war: $907,701,000,000.00 **

1992 - year after end of cold war and collapse of the soviet union: $4,064,620,655,521.66

2000 - year of george w. bush's run for the presidency: $5,674,178,209,886.86
2007 - latest numbers: $9,007,653,372,262.48


** numbers rounded.