Rye Catcher
Platinum Member
- Nov 21, 2019
- 12,780
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First of all, lets look at the debt since 2016:
Now, the concern is putting money into our infrastructure, which will provide must needed repairs or replacements of bridges, tunnel, canal, dams by age and/or natural disasters [Earthquakes, Hurricanes, Tornadoes, Floods, etc.}.
Doing the work to protect people and properties will be costly, yet the large number of jobs to do so will reduce unemployment benefits and provide revenue to the treasury; it will be funded over 10 years, probably longer since fiscal conservatism has kicked the can down the road or decades; and now, thinking and curious people will ask what benefits did the debt under the former administration provide to our country.
Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years
The “King of Debt” promised to reduce the national debt — then his tax cuts made it surge. Add in the pandemic, and he oversaw the third-biggest deficit increase of any president.
www.propublica.org
Fact check: Since 2017, national debt has risen but by less than claimed
During his 2016 campaign, Trump pledged to eliminate the national debt within 8 years. Instead, it has grown significantly under his watch.
www.usatoday.com
Donald Trump built a national debt so big (even before the pandemic) that it'll weigh down the economy for years
The national debt has risen by almost $7.8 trillion during President Trump’s time in office.
ctmirror.org
What You Need to Know About President Trump's Impact on the National Debt
The national debt under President Trump increased by almost 36% to $27 trillion in January 2020.
www.thebalance.com
Now, the concern is putting money into our infrastructure, which will provide must needed repairs or replacements of bridges, tunnel, canal, dams by age and/or natural disasters [Earthquakes, Hurricanes, Tornadoes, Floods, etc.}.
Doing the work to protect people and properties will be costly, yet the large number of jobs to do so will reduce unemployment benefits and provide revenue to the treasury; it will be funded over 10 years, probably longer since fiscal conservatism has kicked the can down the road or decades; and now, thinking and curious people will ask what benefits did the debt under the former administration provide to our country.