1942-1945: Big increase to pay for fighting/winning a World War
1946-2007: More or less fiscally responsible
2008-present: War-like level of debt increase to counteract a down business cycle?
1942-1945: Big increase to pay for fighting/winning a World War
1946-2007: More or less fiscally responsible
2008-present: War-like level of debt increase to counteract a down business cycle?