These are the facts:
At the end of the Second World War, 1945, the national debt as a percentage of gross domestic product (GDP) was 114%. By 1960 this had declined to 54%. By 1980, Carter's last year in office, it was 32%. It had declined during the wars in Korea and Vietnam. When Trump left office in 2020 it had risen to 129%.
The U.S. national debt grew to a record $34 trillion by the end of 2023. It was just $16 billion in 1930.
www.thebalance.com
This was the result of Reagan, Bush II, and Trump cutting taxes for the rich.