The national debt has risen by $7.8 TRILLION during Trump’s time in office

Money and the financial system are a fucking illusion anyway.

No shit, Sherlock!

Don’t tell his deplorable followers that; they might open up their veins.

I think it's time we take a look at his legacy other than just the social unrest. Let's take a full toll of the damage and show how it effects even his supporters.

[quote] When Trump was inaugurated on January 20, 2017, the national debt stood at about $19.9 trillion. As he leaves office this month, the national debt has grown to about $27.7 trillion. That's an increase of 39.2 percent.

And, of course, all the Tea Party Republicans who were so worried about the debt when Obama was president are even more worried now. Oh, wait ...

The saddest part is all that money went to rich people. But who is going to pay it back? Not them.

the trade war is another disaster...

And not one word from the GOP. NOT ONE WORD.

But watch when Biden proposes another stimulus...

[quote] When Trump was inaugurated on January 20, 2017, the national debt stood at about $19.9 trillion. As he leaves office this month, the national debt has grown to about $27.7 trillion. That's an increase of 39.2 percent.

If any president dumps $8 trillion into an economy, OF COURSE, it's going to look like it's doing great.

I wonder how much of that he siphoned off for himself.

Yes. Now we must tackle this urgent crisis.

Maybe some of these fortune 500 companies should pay taxes.

Silly boy, during a Republican presidency they always spend like drunken sailor on shore leave and then get fiscally conservative when a Democrat is in the White House. It's what they have been doing for 40 years.

This needs to be common knowledge so he doesn't try to re-write history.

[quote] But watch when Biden proposes another stimulus...

EXACTLY what they said during this latest round of a piddly $600.

$7.8 trillion, OP?

A mere bag of shells.

*snaps fingers*

"Maybe some of these fortune 500 companies should pay taxes."

Maybe Donald Trump, President of the United States, should pay taxes.

I think we need to trace all those cronies who got millions from the Covid "loans".

Too many rich people are skating by not paying taxes.

Of course. Such is the eternal Republican plan to end Social Security, Medicare, and Medicaid.

"Entitlement programs are the only areas we can cut! To save them for future generations! We will not allow the Democrats to raise your taxes!"

R8, Republicans have already started their bleat of greed.

Can you imagine what you can do with $7.8 TRILLION?

Where did it all go?

And how much of that went into his slush funds?

[quote] The national debt has risen by $7.8 TRILLION during Trump’s time in office

That's wrong. He's increased by almost $4 million, just this year. The real figure is much higher

The debt always balloons under Republicans. Then when a Democrat wins they pretend to be horrified by this and insist we need to stop spending money on everything (except military).

Remember that number when Republicans, all of sudden, start caring about the national debt again.

A lot of people never got their original $1200 to begin with. Where did all that money go? God only knows.

How much is currently in SS etc.? Would it make much of a dent in the national debt at this point? Do they even still have that argument?

How is the country ever going to pay off the money that has been borrowed under republicans. First, the bush disaster and then Trump, if it weren't for Obama in between, we would have folded into Mexico by now.

The Republicans cut people off unemployment in the middle of the 2008-09 economic crisis because . . . concerns about the debt.

They'll try it again now that they're out of power and people are hurting.

In other news, America's billionaires could give everybody in the country a $3,000 stimulus check and still be richer than they were before the pandemic.

It's past time for a wealth tax.

[quote] That's wrong. He's increased by almost $4 million, just this year.

Do you know the difference between [bold]M[/bold]illion and [bold]T[/bold]rillion?

To be fair - and I know there's no reason to be fair to Trump, but let's not lose our heads entirely - there is no developed nation that hasn't had a very big increase in its national debt because of Covid. The article says at the start of 2020 the debt had increased $3.2 million during Trump's incumbency. That's what he should be accused of. There's also the question of whether the National Debt is only what government owes, or whether it includes personal (household) debt, because you'd expect a lot more people to be living on loans since Covid. If household debt is separate and also high, that's a real problem. SOMEBODY has to have the capacity to spend when the economy has slowed, either government or consumers.

I don't know what a reasonable overspend is against the US economy, but any increase since March could certainly be talked away by any economist worth his salt.

[quote] Do you know the difference between Million and Trillion?

I made a mistake. What I meant to say was, Just this year he increased the deficit by $4 TRILLION. The real figure is much higher