The National Debt Went Up 8 Trillion Under Trump In 4 Years

[DanieRains]

Maybe some folks could mention this fact.

At the same time how much wealth did the richest amass?

Anyone know?

[Under The Radar]

1. Do you have a link to your source?

[Johnny2X2X]

2. Meter is still running

Trump's last budget was signed a couple months ago and goes through this September.

[USALiberal]

3. Most provide a source! Nt

[DanieRains]

4. National Debt By President

National Debt By President


As of Dec. 31, 2020, the national debt had jumped to $27.75 trillion, up 39% from $19.95 trillion when Trump was sworn in. The government ended its 2020 fiscal year with the portion of the national debt owed to investors, the metric favored by the CBO, at around 100% of GDP.

https://www.google.com/search?q=national+debt+today&rlz=1C1GCEA_enUS934US934&oq=national+de&aqs=chrome.1.69i57j35i39j0i20i263i433j0i20i263i395i433j0i395l2j69i60l2.2424j1j7&sourceid=chrome&ie=UTF-8

Gooogle.....

[kurtcagle]

5. Perspectives

The national debt went up $8 trillion under Obama in eight years, of which about half came from moving the costs of Bush's war onto the books (it had been unaccounted for in Bush's budget). That means that Trump would have been on track to see the budget deficit explode to between $18 and $20 trillion dollars if he'd gone another four years.


Also, the total GDP of the US is roughly $15 trillion a year.

I really wonder how much of that made its way to offshore accounts courtesy of der Cheeto.

[DanieRains]

6. And Paying For Bush's Recession

Too.

[LeftInTX]

7. Man where did the stupid debt meter go during the past 4 years?

Trump kept everyone so distracted that we forgot about the debt meter!

The Repugs will be rolling it out now and blame Biden

[no_hypocrisy]

8. It's called Redistribution of Wealth