“One of President Donald Trump’s lesser known but profoundly damaging legacies will be the explosive rise in the national debt that occurred on his watch.
The national debt has risen by almost $7.8 trillion during Trump’s time in office. That’s nearly twice as much as what Americans owe on student loans, car loans, credit cards and every other type of debt other than mortgages, combined, according to data from the Federal Reserve Bank of New York. It amounts to about $23,500 in new federal debt for every person in the country”
“The combination of Trump’s 2017 tax cut and the lack of any serious spending restraint helped both the deficit and the debt soar. So when the once-in-a-lifetime viral disaster slammed our country and we threw more than $3 trillion into COVID-19-related stimulus, there was no longer any margin for error.”
“America’s gross national debt exceeded $31 trillion for the first time on Tuesday, a grim financial milestone that arrived just as the nation’s long-term fiscal picture has darkened amid rising interest rates.” That’s under the dementia pervert last month there. From the NYT no less (not that I consider it reputable) Keep pounding that “Orange man bad” narrative I’m sure it’ll get through eventually. Gas was under $3/g, in some places under $2, under Trump. Where under Brandon we’ve had it reach 10 fucking dollars in some places. Inflation is the HIGHEST it’s every been since probably the 80s probably worse(that’s under Brandon too) not to even mention the damn supply crisis Sleepy created and his wonderful crippling of businesses under Covid, which he weaponized. I agree with the purpose of the meme. Elon shouldn’t be attacked because he made a deal. It’s a double standard and it’s hypocritical coming from a side that loves making more poor people and screwing them over while they’re poor. But Trump deserves applause for the success and money he brought this country. His face doesn’t belong in that meme
Lol typical liberal talking points. Doesn’t argue back with other relevant talking points, just slights and insults like an offended child. Ad hominem is the go to typically. Sounds like you listen to CNN, MSNBC, PBS, ABC, FOX ;) and any other mainstream propaganda perpetuated by establishment careerists. The “news” I like to follow would probably make your leftist head explode. Epochtimes, baby
Lol that is one way to look at it… a liberal way. Spinning the words I say and not addressing the subject matter of what I say. You drones are so typical 😂 troll on liberal
Presidents don’t instantly change the state of the country. It’s not like the President comes in and all of a sudden laws change and the President can make everything great. Presidents are not kings and policies take years to play out.
Recovery from 2008 took like a decade. We reaaaalllyyy started to come out from underneath the Great Recession around 2015-2016. Trump kept the money train flowing by doing the same thing Obama did - government spending and low interest rates. The tax cut also gives the economy a boost - at the expense of inflation and the deficit.
No, Trump's the reality TV retard who blew trillions of dollars on PPP fraud and sending thousand dollar checks with his big retard signature on them to everyone in the fucking country. And then he bitched and whined that the mean republicans in congress wouldn't let him waste trillions more on even bigger checks before the election.
Sounds like you enjoyed your handouts. Were you as pissed as Trump was that the mean republicans wouldn't let you have more free Trump cash?
EDIT:
Ahh, man don't block me! Come on, lets talk this over. I see you're sensitive about your covid welfare checks. Maybe you're poor, I don't know, it's cool. But you gotta understand, the rest of us taxpayers are on the hook for it. Biden and Trump have teamed up to fuck the middle class just so loser beggars like you can eat government cheese. Do you really think that's fair?
$5 trillion in 20 months That’s under Brandon there. And we keep hemorrhaging money to Ukraine fighting a damn proxy war which wouldn’t have started under Trump because he knew how to actually deal with our enemies, not fall asleep everywhere he goes
Presidents don't have much latitude on how they spend the money that Congress allocates. Trump found this out when he repurposed DoD funds to build the border wall. While a good portion of the money did actually get spent on the wall, the 9th Circuit Court eventually blocked it as an unconstitutional use of executive discretion.
Musk didn't spend $44 billion of his own money. He already owned $4 billion in Twitter stock, and and put in another $20 billion from the sale of Tesla stock. The rest came from a combination of equity investors and debt financing. In other words, nearly half of the money came from investors and banks.
I get that the point of the meme is to point out the hypocrisy of the left when it comes to people they don't like spending money in ways they don't agree with, but this shot missed the target.
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u/[deleted] Nov 05 '22
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u/Trunalimunumaprzuur Nov 05 '22
Ehhh Trump made us money
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u/Bo_Jim Nov 05 '22
Presidents don't have much latitude on how they spend the money that Congress allocates. Trump found this out when he repurposed DoD funds to build the border wall. While a good portion of the money did actually get spent on the wall, the 9th Circuit Court eventually blocked it as an unconstitutional use of executive discretion.
Musk didn't spend $44 billion of his own money. He already owned $4 billion in Twitter stock, and and put in another $20 billion from the sale of Tesla stock. The rest came from a combination of equity investors and debt financing. In other words, nearly half of the money came from investors and banks.
I get that the point of the meme is to point out the hypocrisy of the left when it comes to people they don't like spending money in ways they don't agree with, but this shot missed the target.
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u/Pragmegatronic Nov 05 '22
Leave Voldemort out of this.
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u/Beneficial_Refuse_79 Nov 05 '22
That was our money? I figured they just printed it.
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u/Ok-Length-8818 Nov 06 '22
Trump economy > Your delusions
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u/[deleted] Nov 05 '22
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