US Debt to GDP 9-14-24

Year  Nat Debt  % to GDP

2024 35.359T   122.9

2023 33.167T   130.8 Climate Change

2022 30.928T   129.0 Climate Change

2021 28.428T   127.2

2020 26.945T   128.4 COVID

2019 22.719T   107.2

2018 21.516T   105.8

2017 20.245T   104.6

2016 19.573T   105.2

2015 18.151T   100.1

2014 17.824T   102.4

2013 16.738T   100.3

2012 16.066T   100.0

2011 14.790T  

2010 13.562T

2009 11.910T

2008 10.025T 

2007 9.008T

2006 8.507T

2005 7.933T

2004 7.379T

2003 6.783T

2002 6.228T

2001 5.807T

2000 5.674T  

https://www.investopedia.com/us-national-debt-by-year-7499291

https://tradingeconomics.com/united-states/government-debt-to-gdp

Comments

The reduction in the 2024 Debt to GDP is the result of $3.2T in government overspending on the Climate Change Hoax from 2022 to 2023. This caused the 35% global inflation.  The US Federal Government needs to remove $2 trillion in government spending and move the budget from $6 trillion back to $4 trillion and reduce Imports. Increasing the global supply of oil and natural gas will lower the prices of fuel and food and begin to reverse the 35% inflation. Lowering corporate taxes from 21% to 15%

Will make US companies more competitive and allow the return of manufacturing jobs to the US. Targeted Tariffs will be needed to accomplish this.           

Norb Leahy, Dunwoody GA Tea Party Leader