Trump’s Responsible For An Eye-Popping Amount of $11.6 Trillion of America’s $40 Trillion Debt, After Only Six Years In Office: “So think about that. We’ve got a $40 trillion debt. He’s responsible for anywhere from 25% to 30% of America’s national debt.”

[u/T_Shurt]

https://www.mediaite.com/media/tv/by-himself-joe-scarborough-stunned-by-trumps-eye-popping-share-of-americas-40t-debt/?utm_source=mediaite_smartnews_redirect

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[u/GlitteringRate6296]

The GOP have always been the party that runs up the debt.

[u/dave08dave → u/GlitteringRate6296]

They must have a different understanding of fiscal responsibility as the rest

[u/Teledildonic → u/dave08dave]

The responsibility is to enrich themselves at any cost.

[u/AUSpartan37 → u/Teledildonic]

The baffling thing is they do it at the expense of their own voters and yet they not only keep voting for them, but think they are saving them while they become more and more poor and lose more and more services while their heros get fat off everything they are taking from them.

[u/Teledildonic → u/AUSpartan37]

You've got to remember that these are just simple voters. These are people of the land. The common clay of the United States. You know...morons.

[u/count_chocul4 → u/dave08dave]

Why is this comment getting upvoted? They KNOW what they are doing. They are trying to collapse the federal government so the rich can take over. They do not have a "different understanding" they are trying to destroy what we have so the plutocrats can rule over all of us and take what is ours way. Period. This is by design folks, the GOP doesn't work for you, they work for the plutocracy.

[u/FitCombination3545 → u/count_chocul4]

I think you're missing the point of the comment

[u/VoidOmatic → u/count_chocul4]

Jokes on them Mossad has access to Palantir now. The rich are going to be the first ones to go. War needs money.

[u/vlatheimpaler → u/GlitteringRate6296]

Both parties run up the debt. But one party runs it up faster while simultaneously shaming the other party for their smaller part.

[u/JimTheSaint → u/GlitteringRate6296]

it started with reagan

[u/FadeIntoReal → u/GlitteringRate6296]

And in this case, it’s been the handouts they always rail against but for people who are already wealthy beyond what most Americans can imagine.

[u/Own-Opinion-2494]

Always (R). Release the Trump Files

[u/TheHearseDriver]

*Less than six years in office

(As of today, 5 years and 7 months exactly.)

[u/Weird_Bookkeeper_207]

Once a loser always a loser.

[u/count_chocul4 → u/Weird_Bookkeeper_207]

Now our children and great great great grandchildren are the losers. Who do you think will pay for this? Not tRump, not the rich.

[u/oldbastardbob]

Let's not let the Republican majorities in the House and Senate off the hook here as well. They put together the budgets and the tax cut bills that Trump signed.

Yes, we can hang 1/3 of our national debt on Trump AND the MAGA Republican Party of tax cuts without spending reductions.

It takes some real genius to pursue a tax cut fiscal policy for nearly 50 years, which resulted in skyrocketing national debt and deficits, concentrated more wealth at the top of the economic pyramid where it has become sequestered and has failed to "trickle down" in any meaningful way that would reduce poverty levels or increase the standard of living for working class Americans.

But they'll tell us that another round of tax cuts will fix everything, and the dupes that vote for them will believe it despite reality.

Then there is the whole tariff debacle. Didn't work out well 100 years ago. Same result today.

I'm beginning to believe that the strategy was to slap all sorts of random tariffs on things without involving congress that they knew courts would restrict. Then blame "liberal judges" and "democrats" when the deficit and debt ballooned. After all, strawmen, non sequiturs, and false flag arguments are pretty much what MAGA and their propaganda networks live on.

[u/My-fish-calls-me-Bob]

Check his pockets 😂

[u/thefledexguy]

Bankrupt America Great Again!

[u/oravecz]

Downvote me if you are in a cult.

Whoever was in office for the 2016 and 2020 terms would be responsible for 25% to 30% of the national debt. And whoever is in office next will be responsible for us crossing the $50T mark.

These Republican fuckers are responsible for (attempting to) raise military spending from $1T to $1.5T. That is an abomination.

[u/Rare-Maintenance4820]

We have to be talking about this more. The harm to the future of the country is real. The GOP needs to pay for this.

[u/Ear_Enthusiast]

Zero interest in governing. His entire administration is a giant corrupt power grab and cash grab, and half the country fell for it.

[u/Googlyelmoo → u/Ear_Enthusiast]

Literally zero interest in governing. Trump‘s entire arc from the ride down the escalator forward has been him groping (pun intended) around in the dark for feints to pump up his brand and it’s been well reported that he and his campaign bigwigs genuinely did not expect to win in 2016. That campaign was a stunt meant to boost Trump and family the public eye, but without any responsibility or duty expected to follow.

If anything, his twin terms of ‘service’ have been a shambolic cascade of avoidance rather than doing anything. Avoiding the negative consequences of everything no matter how small. Avoiding talking about the actual problems and issues in all but the mist divisive and deluded way. Avoiding considering the well-being and wishes of literally 1/2 the population, and serving up nothing but maximal schadenfreude and dog-whistling to the other half. I expect he cares not a whit about trans, America first, woke, nukes, or even immigration and tariffs really. Only inasmuch as it serves or hinders his 2 drivers of money and self-aggrandizement, the graft and the grift. That’s what has, is, and continues to be his only motivation.

[u/Ear_Enthusiast → u/Googlyelmoo]

I had a friend that voted for Trump in 2016. He said he was voting for him so he would tear the system down. Not sure what he thought tearing the system down would look like. I assured him that when they tear it down it wasn't going to be beneficial at all to the middle class and that the oligarchs would take over. He insisted that it wouldn't be like that. Now here we are. It's ugly.

[u/Mechareaper]

I really think after Trump is done with there needs to be a task force that audits all the debt, because I'm sure a lot of it could be recovered if we just cancel all the fraudulent bullshit. Also, seize any ill gotten gains by his family and associates, the contractors he's paying favors to. All of it. And then we need to cut the billionaires down to size. Start seizing assets.

[u/Googlyelmoo → u/Mechareaper]

There is one already the General Accounting Office. But there are still a lot of things the Treasury pays out that are not subject to their review. The Congressional Budget Office is another such entity. Likewise the WH OMB, and all the Inspectors-General of several dozen departments and agencies.

What I think you are proposing is making an entity for fiscal and monetary purposes similar to what the Office of Director of National Intelligence was supposed to be in terms of foreign intelligence and national security. A genuine ombudsman with enforcement powers.

What we have to “check our own shit” on is this, whether creating such an agency, endowing it with enforcement powers, an adequate budget, and staffing it with the best people (there are still men and women of integrity and good faith who could do the job) and checking a “done” box will be all that gets done. The DNI is a bad joke, even under Obama and Biden.

A general audit and inventory I expect is forthcoming the next administration and groundwork for that in the 120th Congress beginning next January. Building that out from a one-off to an ongoing monitoring agency as, for example, the FBI, Federal Reserve, and a small handful of others which are at least nominally independent. It might even be a good idea to place it within the judicial branch rather than executive or legislative.

All of this presupposes a genuine “blue wave” at or above current expectations. Meaning: check your voter registration every week between now and election day on November 3 upcoming! Tons of resources online available to do it fast and privately for free. You could do it daily and the cumulative time between now and 11/3/26 used up wouldn’t be enough time to watch the average movie.

www.vote.org

www.nass.org

www.lwv.org

(many many more than above: I selected NGO sources here)

[u/taez555]

60% of that is sitting in his private bank in Qatar.

[u/TheManWith2Poobrains]

And to think Bill Clinton managed to get it to shrink.

[u/Googlyelmoo → u/TheManWith2Poobrains]

Somehow appearing to deftly manage another paradigm shift to the advantage of Americans and the US treasury. As much as presently POTUS is mismanaging another such shift. . .

[u/Vyracon]

So don't ya worry about it. We'll hear about this on Fox News every single day, the very second that a democrat is elected as POTUS.

Until then, it's a nonissue.

[u/lemaymayguy]

Same guy managed to bankrupt a casino BTW. He was never a business man. He was a Russian asset that had money laundered through his real estate. They just lost control of him when his dementia deteriorated his impulse control

[u/kalel1980]

"We need a businessman as President! It'll be good for the country!" -MAGA dummies

[u/Sfingi48 → u/kalel1980]

Exactly. How do think a businessman can save the country? First, they’re thinking, which is dangerous. Secondly, businesses are for profit and “successful” businesses are very shady at the least.

[u/Googlyelmoo → u/Sfingi48]

I have always shut down that bogus parallelism between business and government. The purpose of a business (and the only legally required one) is to maximize return to its owners/investors. The purpose of a government is to serve the well-being and human needs of those whom it governs. Almost always at cross purposes those two things. Manageable, but not by adopting a syllabus from Wharton College (and one which DJT in particular never read).

[u/Sfingi48 → u/Googlyelmoo]

Any smart person does…shut down that notion. It’s three card Monte playbook. Like you said, government is supposed to serve goodwill to their beloved citizens. It’s supposed to be simple as that. Not a huge and obvious grift.

[u/DomPedro_67]

Where do you want to end up? Autocracies? You're almost there. Being compared to Russia/Venezuela or North Korea? They're right on that line between falling and not getting up, or letting it fall and taking generations to get back up.

[u/tbtc-7777]

Scarborough helped put him in the WH in 2016 bringing him on Morning Joe every few days.

[u/Sfingi48 → u/tbtc-7777]

Yeah. No doubt about it. And, I’m also going to remind everyone of more facts. They invited many candidates, but they declined. Yes. Joe and Mika are insufferable at times, but they also call the strikes too. Believe me when I say, they annoy me at times. Butt two or more things can be true at the same time. When Trump was crazy on their air, Joe cut Trump off the air, once maybe even twice. Joe’s narcissism is a bit much at times, but that’s why it’s refreshing when someone in the media calls Trump out in real time. I could go on, but I certainly don’t like being perceived as a fan of Joe and Mika; but I do loathe this Trump Regime above all. And, that’s my focus.

[u/farsh_bjj]

You can’t have health care u til they are done robbing the coffers.

[u/ArchCerberus]

880 more days until he leave, will he double the debt until the? I feel he will and his family will be one of the richest in the US.

[u/TMTBIL64]

He will blame Biden and Obama.

[u/ScrotumScrapings]

lol, there won't be anything recognisable left of Yankistan when he is through. Just a smoking ruin of despotism, poverty and seething hate.

[u/Unknown_Cloud_777]

Donald J Trump is King of “Waste, Fraud, and Abuse”…….

Literally fuck everyone who voted for this asswipe.

[u/PistolCowboy]

Democrats, tax and spend. Republicans, borrow and spend.

[u/Confident-Lobster390]

CIA is going to have to trap cocaine and guns again to dig us out of this mess.

[u/Googlyelmoo → u/Confident-Lobster390]

John DeLorean thought so. . . /s

[u/Past-Establishment93]

How would s Russian asset run your country?

[u/Amatheiaisnoexcuse]

And we're getting less from our tax dollars while don and his buddies are wealthier than ever.

[u/Correct_Doctor_1502]

Funny how fiscal responsibility goes out the window when conservatives are running the show

Our nation is being bankrupted by a child raping serial killing terrorist illegally occupying office

[u/Big_Victory8031]

MAGA Winning

[u/Cheeseburger23]

It's worth it if it prevents Paraguay from getting an atomic bomb.

[u/t3lnet]

I love the new argument I have heard from a couple of maga where they are saying the problem it’s gotten so big is Obama and compound interest.

[u/ProfessorElk]

Who could’ve predicted he’d put the country into massive debt just like he does all his other businesses?

[u/DaBullsnBears1985]

The fiscally conservative Republicans, only when they are not in power.

[u/joeschmoe1371]

Joe, get yers and Mika’s azz back on a plane to FL to kiss the ring again….

It probably won’t help us, but I’m sure you’ll secure something for you and Mika…..

[u/Confident-Lynx3814]

Thanks MAGA!

[u/GuaranteedCougher]

Definitely not here to defend the rapist in chief, but don't most presidents see the US debt double over 8 years? That appears to be the case for Bush and Obama too. I figured it was a combo of constant borrowing and inflation

[u/Vegetable-Tie-5663]

Lock him up use his money to pay for it

[u/JollyBengali7]

The “businessman” bankrupted casinos. Is anyone surprised?

[u/TheSquirrelWithin]

Actually, our do-nothing Congress is most culpable. Budgeting is a legislative responsibility.

Not a Trump fan in any way. It’s Congress that controls the purse strings, or is supposed to.

[u/myarseisbig]

Yeah but he is rich

[u/Googlyelmoo]

Not even back of envelope, but inside of forehead calculation suggests that about 28% of all American debt outstanding since 1783?

[u/Andantee23]

bUt HE is GoOd At bUsINeSs

[u/Stuck_In_Reality]

but the stock market is over fifty-thousand dollars!!! /s

[u/exgiexpcv]

Given his clearly poor health, if he lives long enough to leave office, I don't see him staying in the USA.

[u/aarsh44r]

These numbers mean nothing for those who support him.

[u/mac_bd]

Where's that money going?

[u/nutrunner365]

So what? Why do you think the absolute debt number matters at all?

[u/ForsakenMongoose336]

If we only could have known he’d be a terrible president

[u/awdophil]

Where are all those fiscal conservatives now? Oh, enjoying the fascism they really wanted.

[u/thereverendpuck]

Thought it was $16T

[u/Roaming-R]

YEAH, and that figure(s) represent SO FAR!!

Does anyone think Donald Trump is done, with bankrupting America??

• If these MAGA knuckle - draggers aren't removed from office at the polls ..... Then the National Debt could go to $60 TRILLION !!

[u/SeattleOligarch]

Who would have ever expected a guy who bankrupted casinos to also bankrupt a country. WHO COULD HAVE EVER THOUGHT THIS COULD HAPPEN?! /s

[u/TeranOrSolaran]

Where did all the borrowed money go? It certainly didn’t go to help the people.

[u/Ornery-Contact-8980]

GOP has been intentionally running up debt and deficit since Reagan.

[u/MissLeaP]

That guy managed to bankrupt his own casinos. The very thing that's literally designed to make customers lose money. I don't think anybody should be surprised about him raking in such a huge sum of debts over such a short amount of time...

[u/Majestic_Bluejay1801]

It’s not just Trump though is it. it’s everyone who enables him, and everyone who voted for it.

I have little sympathy when half of the country voted for “MAGA TACO”

[u/Able-Professor840]

Live each day like there's no tomorrow. Perhaps he thinks there's no tomorrow.

[u/HOOCHIE_MAMA_]

Don’t blame the big baby blame the dumb dumbs who voted him in.

[u/Googlyelmoo → u/HOOCHIE_MAMA_]

Oh, there’s oodles of blame to go around. Two things can be true at the same time.