Nice charts. It's worth mentioning as well the surge in private debt that began during the Reagan years( and accelerated dramatically during Bush II) and which finally culminated in the 2008 crisis, necessitating ballooning the deficit on Obama's part.

http://www.slate.com/articles/business/the_united_states_of_debt/2016/05/the_rise_of_household_debt_in_the_u_s_in_five_charts.html