What do you think, Donald Trump, Built a National Debt So Big (Even Before the Pandemic) Had started what you think?
https://www.propublica.org/article/national-debt-trump
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ANSWERS: 4
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...And Congress had nothing to do with it. If I recall, the Democrats controlled the House - where it all starts rolling downhill.
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DancesWithWolves Wow you give no slack -
Army Veteran No, I don't. The accusations are all against Trump and there is no slack from the Left. It's been going on for the last 5 years non-stop. I hate it when people lie to me - it insults my intelligence.
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We always have enough for tax cuts for billionaires but not enough for the middle and lower classes. Its corruption if you ask me.
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Linda Joy
So you're saying the huge stimulus payments weren't for middle and lower class? That's a lie! -
Army Veteran
You wouldn't know corruption if it slapped you upside the head.
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Another lie. Trump had the economy turning around. I'd go find the statistics, but it doesn't matter to you, you'd just ignore it and continue lying about him. And I know why, too. You can't find anything good about Biden to brag about. So you continue to bash Trump.
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Linda Joy
Here's the truth: Before the pandemic Unemployment is at 4.2% the lowest in a decade, a million jobs have been added, national debt has declined 102 billion, crime is down 1.8% which is the lowest since 1990. -
Army Veteran
Denial is no substitute for intelligence. -
DancesWithWolves
@Hulk you are correct
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With the exception of Clinton - and that was a result of Republican policy ("The Contract with America"), not his own - every President since...well, since " 'way back " has increased the national debt more than has the previous President. Bush Jr. increased it more than Clinton. Obama increased it more than Bush Jr. Trump increased it more than Obama. It's extraordinarily likely that Biden will increase it more than Trump. AND: it's extraordinarily likely that the next President will increase it more than Biden. etc.
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Army Veteran
Andrew Jackson was the only President in history who paid off the national debt - in 1835. He was against central banks because of the way they got rich through usury. Congress immediately began spending again until a few orchestrated bank failures in the early 1900s "convinced" the people that central banks were needed. This ushered in the Federal Reserve Bank in 1913 along with income taxes to pay back money borrowed by the government. That's when the reckless spending started and it hasn't stopped. It might be noteworthy to know that a Democrat, Woodrow Wilson, was President at the time. Coincidentally, FDR, a Democrat also, took us off the gold standard in 1935, and Johnson, yet another Democrat phased out the silver standard beginning in 1964. What we have now for current is called "fiat" currency. Its value is less than the paper it's printed on. This has opened the US up to destructive inflation just like Weimar Germany in the 1920s. -
www.bible-reviews.com
Hmmm. I thought it was Nixon who "took us off the gold standard". Until Nixon, we held gold in Fort Knox (and lesser amounts in other U.S. vaults) that was sufficient to back the entirety of U.S. currency in circulation. Please correct me if I am mistaken, but that is what I recall from the time.
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