For the first time since the end of WWII, our national debt is more than our GDP...

[kentuck]

Thanks to Donald Trump, the King of Debt.

When he is finished, he may have run up more debt than all the other Presidents combined?

What happened to the Party of fiscal conservatism? They are certainly not in Washington.

Republicans have long believed that if they run up enough debt on nonsense and boondoggles, then there will be nothing left for the Democrats to spend money on?

For example, they are asking for $1.5 trillion dollars for next years defense budget.

That isn't much... if you say it real fast.

[rampartd]

1. we will not be able to raise the capital to fix all of his horse shit.

[Traildogbob]

2. Whoa!

What about all the massive savings from eliminating Fraud and abuse by Musk and the DOGE Bro’s firing hundreds of thousands of people and eliminating Departments of Gubment.
Was that just a scheme to steal Data to feed their massive centers?
Surely not the Party of Jesus, I man their leader IS Jesus. Doctor Jesus.
🍭 Thought I would post a big ass sucker instead of sarcasm thingy.

[dalton99a]

3. The Party of Fiscal Responsibility is now the Party of Looters and Drunken Whores

[republianmushroom]

4. And we can thank the "Fiscal Responsible Party for this".

[Celerity]

5. Total US public national debt actually exceeded the US GDP starting in Q4 2012, not a few days ago.

It is now closing in on 125 per cent of US GDP.

It hit a recent high of 132.7 per cent in Q2 2020 under Trump.

https://fred.stlouisfed.org/series/GFDEGDQ188S





The news reports now leave out (falsely making it seem smaller) part of the actual US national debt, ie Intragovernmental Holdings, which are around 8 trillion USD. This is the debt the government owes to its own trust funds, such as Social Security and Medicare.

[MichMan]

6. Congress is just as responsibl

A president can only spend what congress approves