When Reagan took office, the National Debt was ONE TRILLION DOLLARS, which included the entire VietNam War.
At the end of Reagan-Bush (12 years), the National Debt was FOUR TRILLION - the GOP quadrupled it.
Clinton did lots that I don't like, but his fiscal policies shine: in his first term the increase was reduced to 25% and at the end of his second term he handed a BUDGET SURPLUS to George W.
George W. squandered the surplus and quadrupled the National Debt from $5.7 TRILLION to $25 TRILLION -- George W. Bush ran up the most debt of any person in the history of mankind.
Barack Obama saved the world economy before the GOP managed to prevent all his further proposals; in any case, Obama held the National Debt steady at $25T.
The idiot Trump handed $5.8T in loot to the One Percent in only 20 months, and then added more trillions by having the Fed purchase junk bonds from Wall Street at the rate of $1T per month, so that when Trump left office the Republican National Debt stood at $70 TRILLION DOLLARS!! So the Orange Imbecile beat George Dubya's record and now holds the record for running up the most debt of any person in the history of mankind.
Biden has not been in office for a year yet, so the jury there is still out.
Why more seriouser? The Republican National Debt makes each and every resident of the USA an INDENTURED SERVANT, to the tune of $212,000 for each and every man, woman, and child.
But wait, half those people are minors, so that makes it $424,000 for each and every adult.
And if you let Democrats off the hook – not their fault, after all – that makes it $850,000 run up and now owed by each and every fascist Republican.
We just need to restore the U.S. Constitution and figure out how to collect on that debt.
Reason-Based Taxation
The United Federation of Indentured Servants [est. 2010]
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Thank You!
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