A Child Born Today Comes Into the World With More Debt Than You
And under a Clinton or Trump administration, the number will only grow
This article is for subscribers only.
Each newborn’s share of the national debt today is more than double what it was in the 1990s.
In the past 35 years, the national debt on a per capita basis has increased with each U.S. president. Under President Bill Clinton, the debt grew at the slowest pace — with a net increase of 1.4 percent over his two terms. After reducing the slope of public debt in his first term, he shrunk it in his second.