But yes, he did not decrease the debt

The lockdowns not only that they cause more problems on the long run but it’s also just an awful thing to do

snowly growing? haven't u seen the chart? he increased the RATE of growth a lot

My bad

that's why it's hard to reduce the debt also because people keep protecting the politicians that are bankrupting them

imagine adding 4.3t to the debt because otherwise the economy would have completely collapsed which it nearly did...

even if the pandemic didn't happen the current debt would be around $23.7 trillion

The world is changing... the world’s superpower is falling... and the new superpower will most likely be... 🇨🇳

I am not defending the debt that Trump added... I am saying that it is shit we even have this much to begin with. The fact that from 2019-2020 the debt went from 22t to 27 is pretty criminal

what was the national debt in 2008?

even if the pandemic didn't happen the current debt would be around $23.7 trillion
which means he would've added $4.2 trillion instead of $7.5 trillion

around $10 trillion , obama increased a the debt a lot

> The national debt (or government debt) of the People's Republic of China is the total amount of money owed by the government and all state organizations and government branches of China. As of May 2020, it stands at approximately CN¥ 39 trillion (US$ 5.48 trillion), equivalent to about 48.4% of GDP. Standard & Poor's Global Ratings has stated Chinese local governments may have an additional CN¥40 trillion ($5.8 trillion) in off-balance sheet debt. The high debt level is a current economic issue facing China.

Hey at least China has debt too

😎

Everyone is in debt lmao

looks like 6.4t in 2008, and in 2012 (first 4 years of obama) it was 16.3t.. so first 4 years of obama he nearly tripled the national debt

obama , bush and trump don't care about fiscal responsability, the debt in 2000 for example was $5.7 trilllion

in 2008 the debt was $10 trillion and in 2012 the debt was 16.3 trillion

no look at how much Obama spent compared to trump

wiki said it was 6.4 for some reason will look at other places

thats what she means

A new zeducated I see

i know man im not a trumpist, im not a democrat im a libertarian that's pissed whith the current president and the previous presidents for bankrupting the country

China has way more issues economically than just debt, plus debt at a national level isn't really overly relevant in actuality - hence why we just keep growing it

De Blasio's wife has to be the ugliest wife in politics....

treasurydirect says 10t while wikipedia says 6.369t I am more inclined to believe the crap government website over the wikibs website 🙂

and keep in mind: if the pandemic didn't start , the debt trump would've added would be $4.2 trillion in his first 3 years instead of $7 trillion

Sup people

that's why it's hard to reduce the debt, because people keep defending the stupid idiots that are bankrupting them

National debt is like impossible to get of probably

🌮

but it's possible to start decreasing it by cutting 1/5 of overall spending

no we can get out of it if we cut spending by 10% for 5 years... by a 10% cut i mean an actual cut... not a cut on projected spending.

I said probably

*hair flick*

I want something good to eat

our point of no return where the interest payment is too high to pay back is around 24T

I look at it this way, all presidents since after the civil war have gone into debt.... every single 1... it is stupid that they allow the debt ceiling to rise year after year... and it is near criminal incompetence that it has spiraled out of control this bad

and if we actually CUT 1/5 of spending the debt starts going down in the next yeat

not true... andrew jackson eliminated the debt... he hated the banks.