False. The USA has held debt ever since 1776 when it borrowed money to fund the Revolutionary War. Reagan's plan was an astounding success for the economy and led to a boom era in most sectors, and boosted federal tax receipts massively. The massive boost in federal tax receipts caused the socialists to get greedy and they ended up spending the returns on phoney, frivolous, and wasteful projects. Most of the excess tax income went to fund the Democratic/Socialistic/Big Government party itself instead of being used to pay down the debt, as Reagan had envisioned. I was there and listened to the news all the time, so don't even try to bullshit me about these facts.
I agree about GW Bush, the campaign promise was "no new taxes". Well-intentioned, but he didn't fully grasp Reagan's plans to monitor the trickle-down theory (which worked very well, as demonstrated by the increased tax revenue), and instead went insane and followed the socialist agenda of spending wildly.
Another falsehood. Years 2 and 3 of the Trump administration saw a small, but measurable, decrease in national debt, much of which was achieved by simply negotiating better terms. The pandemic was forced into being by the swamp. The majority of the evidence shows that there would not have even been a pandemic if people had followed the science and NOT worn those face coverings. Everything else that ensued was purely driven by people with profit motives (Big Pharma, Big Government, Big Media, Big Insurance companies, Big health care networks...)
The Dems would be better off waking up and rejecting the "Progressive" socialism they seem to be embracing. All wars which the United States of America has fought over its history were fought to stop the spread of socialism (and it modern namesake 'communism'). Every. Single. War.
Do not even DARE tell me that those men who fought and died to defend our freedoms did it just so the same evil could crop up and enslave our people again.
Do Not Even Dare.
For a better understanding of the national debt and how it has grown please look at this (apparently) factual website:
The U.S. national debt grew to a record $34 trillion by the end of 2023. It was just $16 billion in 1930.
www.thebalancemoney.com
Disclaimer: What I see on the website agrees with my memory. There are two problems: 1) the website may show *you* something else because that's the way Big Tech works with individualized AI driven content, and 2) It may have small factual errors...I do not have all the information stored somewhere where I can compare their numbers.