When Reagan was sworn in, the national debt had just hit the $1 trillion mark. As of 9/16/10, the national debt is $13,465 trillion.
Additions to the national debt since 1980.
Reagan 2 terms $1.692 trillion
Bush 41 1.587
Bush 43 4.899
Total 8.178 trillion
Clinton 2 terms $1.540 trillion
Obama, as if 9/16/10 2,838
Total $4.378 trillion
Chart of National Debt as a percentage of GDP by presidentClick link:
Quote: Who Gave Us the National Debt?
"In 1981, the country had just elected Reagan to cure the "all-time-high, Trillion-Dollar debt." But compared with the size of the American economy, the debt was at its lowest point in fifty years (see graph). In eight years he pushed it from $1 to over $2.6 trillion. Or, did the Democrats do that? To find out, I checked the most pro-Reagan website, which lists Reagan's budgets and Congressional changes to the budgets. ..."