OMG....
FIRST of all, that is the
TOTAL DEBT. Meaning, it has accumulated over time, between both parties, and since the foundation of this nation. This means nothing in support of your argument.
Secondly, it's been the Democratic administrations that have constantly been reducing the
DEFICIT every time they take off. The deficit is the amount being added to the debt on a yearly basis. As a matter of fact, ever since Reagan, its been every single Republican administration that has been spending like drunken sailors with no national investments to show for it.
As a matter of fact, it was
Clinton that left us with a budget
SURPLUS.
Bush II took over with this country actually
REDUCING the debt. And his excruciatingly terrible mathematics of cutting income while increasing spending; spending that was
NOT an investment into the future economy of this nation, such as education, infrastructure, and healthcare practicing preventive medicine, rather than curative medicine. After 8 years of absolutely RAVAGING the treasuring, he left us with $1.4 Trillion in years deficit spending!
You want to talk about a ◊◊◊◊◊◊◊ disaster!? Ok, lets talk about a ◊◊◊◊◊◊◊ disaster:
When Obama took over, we were in the middle of a housing and a banking crisis in this country not seen since the Great Depression, bleeding out cash by the
TRILLIONS on an annual basis, health care costs that were raging out of control, and inflation that was also out of control. We were steeply involved in
TWO wars, on
TWO. DIFFERENT. CONTINENTS! SIMULTANEOUSLY! Both half a world away from the United States Mainland, and a quarter of the world away from each other! One of which was based on the biggest lie told in this century up that point, and the other just to kill a single man!
By the time he left office, Obama had cut that deficit by 75% (from a peak of $1.4 Trillion in 2009), reducing it every single year down to $440 billion in 2015 when he left office. But even still, the 2016 budget was still "his" as it was passed before he left office, just like the 2009 budget was Bush's, and the 2021 budget was Trump's. As is the 2025 budget.
Anyway, Obama had passed a comprehensive set of health care laws that:
1) Ended 'pre-existing conditions."
2) Required a minimum amount of coverage for any healthcare plan made available
3) Invested some tax dollars for people not previously insured, to become insured, encouraging them to actually go see a doctor to be checked out for any underlying issues (preventive medicine), which is FAR more efficient and cheaper to deal with before a condition gets out of hand. Like diabetes, for instance.
4) He ended one of those two wars successfully.
5) He invested in infrastructure and education, which pays dividends towards future economic success. You Wal-Mart cannot ship their goods to their stores without decent roads and bridges, afterall! And we cannot compete in a modern global economy if we can't ◊◊◊◊◊◊◊ read!
Enter: Trump!
Starting in 2016, the deficit rose every single year he was in office. And it
ABSOUTELY EXPLODED in 2020! Under Trump himself!
TRIPLE what Bush II left after 8 ◊◊◊◊◊◊◊ years, with multiple ◊◊◊◊◊◊◊ wars, in multiple ◊◊◊◊◊◊◊ countries, on multiple ◊◊◊◊◊◊◊ continents! And a major housing and banking crash to top it all off! And Trump did this in only
FOUR years! And there was absolutely jack all to come out of it that benefited this nation in any way whatsoever. Hardly any new bridges were built. Schools lost money. As a matter of fact, we were having bridges collapsing all over the ◊◊◊◊◊◊◊ place! Highways were crumbling because we stopped keeping up with their maintenance. We hardly built any new highways at all, even as the population continually rises. The deficit did drop a bit in 2021 to under $3 T.
Then comes Biden's first budget. That deficit fell like a ◊◊◊◊◊◊◊ rock! From 2.77 to 1.38 T! Again, a democrat had to clean up a RepubliNazi's mess, and he slashed that deficit by 75%. From there, Biden passed a comprehensive infrastructure plan that DID see the deficit begin to climb again. But not by very much. "Only" about $400 billion, after he had slashed it by $1.4 TRILLION in his first year! And it remained steady through 2025. But the big difference is:
His infrastructure plan! "Build Back Better!" And you would be a ◊◊◊◊◊◊◊ joke if you try to argue with me, a truck driver, by saying that it didnt do anything. ◊◊◊◊◊◊◊◊!
Here in Pennsylvania, our governor, Shapiro, was able to apply for get a huge chunk of that infrastrcture money to very rapidly rebuild that bridge that collapsed onto I-95 outside of Philly. I-95 is the very heart of the North East Corridor, the largest mega-city on the planet, and by far, the largest and most robust economy in the world!
The entire length of I-10, the most dangerous road in North America, saw major upgrades that are still being worked on today, especially in the state of Texas.
I-476, the "North East Extension" in Pennsylvania is a dream compared to what it used to be. Same with I-78 and I-76. Almost the entire length of I-80 from NYC clear out to San Francisco has had major upgrades and facelifts. This has greatly facilities a more efficient flow of traffic with fewer wrecks. That's more money in my pockets as a truck driver as I am able to put more miles under my wheels with fewer delays. As well as for the company I drive for.
Furthermore, Shapiro in PA was smart enough to apply for and obtain more federal funding and support for our state's public schools. He also used state money to increase our state's education budget as well. The result:
PA went from being ranked #18 in public education, to #5! We have more and better educated kids, which will translate into a more educated workforce and business leaders in 10 - 15 years from now. Our economy will be much better off for it.
And finally, I am going to leave this here for your study and perusal:
Check out @FiscalService Fiscal Data’s new national deficit page! #NationalDeficit
fiscaldata.treasury.gov
.
www.threads.com
