[By] contrast, President Reagan was sworn into office on Jan. 20, 1981 and left office eight years later on Jan. 20, 1989. At the end of fiscal 1980, four months before Reagan was inaugurated, the federal debt held by the public was $711.9 billion, according to CBO. At the end of fiscal 1989, eight months after Reagan left office, the federal debt held by the public was $2.1907 trillion. That means that in the nine-fiscal-year period of 1980-89--which included all of Reagan’s eight years in office--the federal debt held by the public increased $1.4788 trillion. That is in excess of a trillion dollars less than the $2.5260 increase in the debt held by the public during Obama’s first 19 months. ...
Between 1981 and 2010 there has been 139.8% Inflation — adjusted for inflation that $1.4788 trillion is now $3.55 trillion. This recession is said to be worse than the 1981 -1983 one.
Inflation Calculator
Let's cut taxes some more and stop the funding of this make work spending ...