basilico:


A blanket statement. Before Covid19 lockdowns what was the growth in debt.
While at it, subtract the extra 2.5% interest rate added by Feds. A sample calculation shows that an increase by 2% of 20Trillion yields a massive 200B in debt.
Let's give Trump a hypothetical 0% interest rate for comparative purposes. How much would the debt grow?
Next shutdown all business that creates wealth and livelihoods to 330m people .Pay business an incentive to retain n pay their employees working using Zoom or Hangouts or Teams.
The debt grows.

feedthenation:


The national debt just barreled past $23 trillion. Here's how Trump's $3 trillion portion compares to Obama, Bush, and Clinton.

https://www.businessinsider.com/national-debt-deficit-trump-how-it-compares-obama-bush-clinton-2019-11?r=US&IR=T


The national debt of the United States barreled past $23 trillion on November 1, according to data from the Treasury Department. It marked the most money the federal government has owed and is a result of a growing budget deficit, which neared $1 trillion in the last fiscal year.

To put that in perspective, the $23 trillion figure is roughly equal to the economies of China, Japan, and Germany combined, according to the Peterson Foundation, an organization advocating deficit reduction.

Yet three years into a norm-shattering presidency, Donald Trump's spending measures up similarly with that of his predecessors.

He's in line with past Republican presidents like George W. Bush, who racked up deficits with boosts in military spending and a wave of tax cuts. Trump has added about $3 trillion to the national debt so far during his nearly three years in office, despite his pledge to wipe it out in eight years and his campaigning on being "the king of debt."


--- And this was before the covid pandemic ---

Timiofak:


Sir I am not blaming trump for debts, you brought it. And I am pointing it to you that debts grow during it after a recession, watch how the debt climbs for the next 10 years. Since we are blaming Obama for debts, why shouldn't we blame trump? Rubbish

And what's your plane to pay debts off when taxes are lower?

basilico:


Obama grew the national debt from 9m to 19m in 8 lousy years. He grew more debt than the last 43 presidents before him all combined.
And the Feds kept interest rates at 0% for all his time as the destroyer in chief.
Under Trump Feds have raised interest rates how many times.

Pisses me off when lack of adequate knowledge makes clown heap praise on a snake oil salesmen.

basilico:


Subtract the 3T from corona virus package reliefs, one of which the Dems scuttled yesterday.

Alexandre7:


Done & Dusted

#BidenForPresident2020

basilico:


Subtract the 3T from corona virus package reliefs, one of which the Dems scuttled yesterday.

salford1:

Liar. And the deficit has even gotten worst under Trump as at 2020.

SniperAssassin:
The said 3 Trillion was back in 2019. Before the pandemic.

feedthenation:
For those who will have access to CBS News on Sunday for the 60 minutes interview with Donald Trump


https://twitter.com/i/status/1319234940249190400

basilico:


We could tax billionaires more. They will maintain an office to look American, but will be operating offshore in tax Havens.
Another way, give the masses a sense of pride in buying locally produced goods.
A dentist charges an arm and a leg for a simple tooth extraction, in return the house mover charges him an arm and a leg to move him to the suburbs.
That way money goes around, the fittest survive, the losers whine all day from Mom's basement about how life is not fair to them armed with a degree in advanced study of border wall butterfly migration curtailment.

PrideofLincoln1:
Why don't you go back to your religion section and stop making a foool of yourself.
What the heck do you know about America from your cubicle spouting garbage as usual.

Timiofak:


That's why you don't tax only billionaires, you tax everyone making bars, 18% of Americans are millionaires.

About the dentists and doctors, if there was centralised medicals, everyone would not need those ridiculous premiums that insurance companies collect, over time you won't notice that you are literally paying more taxes, but get more cash at hand and credit, without plunging into depression. But if you lower taxes, nothing is going to go around, millionaires are going to hurdle all the cuts they get to the Bahamas, and you would still pay premiums for health insurance,

And made in America goods would naturally be expensive, first of all, labour is too expensive in America, and Republicans don't want to make a path for outsourcing skilled labour, they call it opening borders. Costs would increase, if things were made in America, do you think a white man Would toil the feed the way a Mexican does and collect the same cash? In china they can pay a wage to workers for as lows as $5 per day, and the workers would actually be very grateful, The minimum wage in America is around $8 per hour. That way thing gets expensive drastically.

The way trump is forcing companies to pull out from China Is totally the wrong way, he is meant Make an agreement with china, that is the best way to handle it, Trump is currently having issues with various allies and he goes ahead to battle china, the second-biggest economy!!!, come on. If producers are forced out of China, they would rather go to Vietnam, Indonesia or even Africa than America, because of labor cost.

Timiofak:


Sir I am not blaming trump for debts, you brought it. And I am pointing it to you that debts grow during or after a recession, watch how the debt climbs for the next 10 years. Since we are blaming Obama for debts, why shouldn't we blame trump? Rubbish

And what's your plane to pay debts off when taxes are lower?

benalvino2:


How come Obama did not pay it off when it was high? In fact Obama is the deficit king

Obama: Jan. 21, 2009, debt was $10,625,053,544,309.79. Feb. 13, 2012, debt was $15,355,198,335,393.66. That was an increase of $4,730,144,791,083.87.

Trump: Jan. 23, 2017, debt was $19,949,678,366,998.00. Feb 13, 2020, debt was $23,305,297,151,133.97. That was an increase of $3,355,618,784,135.97.

So for those three-year periods, Obama created $1,374,526,006,947.9‬0 more debt than Trump has. These are the real facts.

NUMBERS DON'T LIE!!

benalvino2:


For the second time you are saying this because you don't like the truth you see here. The time I was on religious section they haven't given birth to you.

basilico:


And the Feds held interest rates at 0% for 7.9 years of his Obamination.

CoronaVirusRelo:

https://www.youtube.com/watch?v=9UHa1r6_sQ4

PrideofLincoln1:
Look at this jungle foool. Typical brainstem trump a@s licker. You think you are talking to one of your fellow unpaid hungry cultist. Why don't you go help your compatriots in EndSars protests instead of wasting your life away about a racist pig that doesn't want your kind in his America. Typical brainstem Trump servile dog.

benalvino2:

Is there anything they know other than orange man bad?

PrideofLincoln1:
How will you know servile dog. We are Americans who knew of him when you were a toddler. I won't argue with you with Buhari and you arguing with people like me show your mental capacity is equivalent of a second grader in America and apology to second grader. It's easy for your and your Umudike brothers spouting garbage about a country you have no clue about.

PrideofLincoln1:
Jason Miller is a sleazebag just like Trump. Trump sure knows how to attract the bottom dwelling scums in America. He lied to Americans that he wants to drain the swamp not knowing that he's the alligator at the bottom of the swamp. In 13 days, the worst President in American History and one of God's worst creatures on Earth will be out of our National discuss and we will start rebuilding and reuniting our beautiful Nation comes Jan 20 when Number 45, President Joe Biden is sworn in.

benalvino2:


This one is having an emotional breakdown because truth just hit him in the nuts. I can tweet #endsars that's me working to end Sars. So let me be here two and upset your with facts. I can do two things at once.

Alexandre7:


Done & Dusted

#BidenForPresident2020

benalvino2:


How come Obama did not pay it off when tax was high? In fact Obama is the deficit king

Obama: Jan. 21, 2009, debt was $10,625,053,544,309.79. Feb. 13, 2012, debt was $15,355,198,335,393.66. That was an increase of $4,730,144,791,083.87.

Trump: Jan. 23, 2017, debt was $19,949,678,366,998.00. Feb 13, 2020, debt was $23,305,297,151,133.97. That was an increase of $3,355,618,784,135.97.

So for those three-year periods, Obama created $1,374,526,006,947.9‬0 more debt than Trump has. These are the real facts.

NUMBERS DON'T LIE!!