The Federal Debt has increased 360% since 1990, and over 1500% since 1980. Adjusted for inflation, the debt is still 500% higher than it was in 1980.
Most people who discuss the debt often rationalize it in a number of ways. However, when it comes down to it, running with a budget deficit nearly every year is asinine.
Additional Sources:
http://en.wikipedia.org/wiki/History_of_the_United_States_public_debt#Federal_spending.2C_federal_debt.2C_and_GDP
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