Interesting debt graphic

[Ache4Acres]

I get a feeling this doesn’t end well

[checking]

If only it would stop there.

[chuckChuck]

Trump also increased the US debt to record levels.

Trump’s most enduring legacy could be the historic rise in the national debt
It rose almost $7.8 trillion during his time in the White House — approaching World War II levels, relative to the size of the economy. This time around, it will be much harder to dig ourselves out.

By Allan Sloan
and
Cezary Podkul

https://www.washingtonpost.com/business/2021/01/14/trump-legacy-national-debt-increasee/

The national debt has risen by almost $7.8 trillion during Trump’s time in office. That’s nearly twice as much as what Americans owe on student loans, car loans, credit cards and every other type of debt other than mortgages, combined, according to data from the Federal Reserve Bank of New York. It amounts to about $23,500 in new federal debt for every person in the country.

The growth in the annual deficit under Trump ranks as the third-biggest increase, relative to the size of the economy, of any U.S. presidential administration, according to a calculation by Eugene Steuerle, co-founder of the Urban-Brookings Tax Policy Center. And unlike George W. Bush and Abraham Lincoln, who oversaw the larger relative increases in deficits, Trump did not launch two foreign conflicts or have to pay for a civil war.

[furrowtickler]

LOL , but Trimp , but Trump !!!
Seriously Chuck 😂

[chuckChuck]

Trump supporters generally ignore Trump's near record deficits but are outraged by Trudeau's. No surprises there.

Both countries used their relatively strong positions to make sure their economies didn't collapse during the covid crisis. A severe recession was the other option.

No doubt we are living well beyond our means with very high levels of personal and government debt. We are also exhausting natural resources and crippling ecosystems at an alarming rate.

A lot of what we are doing is not sustainable in the long run.

[chuckChuck]

LOL , but Trimp , but Trump !!!
Seriously Chuck 😂

Whats wrong? Can't face reality?

[SASKFARMER]

Chuck this is Canada we have skippy and now the USA has Biden. Trump is gone sort of like harper even if he won the debate in French the other night.

You are one heck of a liberal cheerleader.

Just because you passed one exam and qualify for a special group doesn't mean you are very smart. The exam was rather easy if I remember.

[Oliver88]

Fidel Jr will go down as the worst PM in history.

[furrowtickler]

Whats wrong? Can't face reality?

Reality is that graph
You instantly do the ole deflection.
Trumps gone , Harpers gone and now we in North America have two leaders who are the laughing stock of the world .
Trump made his own circus as well but reality is here , in CANADA..... this PM will saddle your grandkids for their entire life in debt .... that’s reality ... today

[Old Cowzilla]

Makes you wonder how many people believe all the election promises ( in the billions ) being thrown out there these days knowing the amount owing that we can't pay back now. Gonna need one of those nerdy accountant types to run the country for a while.

[chuckChuck]

Don't worry Ohtool is promising to balance the books in 10 years! Which means never in political speak.

How can fiscal conservatives vote for such a free spending liberal lite like Ohtool? And also ask for more government help at the same time?

Once Trudeau's gone it will be Liberal lite for the next 10 years and suddenly all will be well?

If the NDP win in Alberta and Manitoba, I guess Wexit will be off the table for awhile even though it never really was s serious option.

The reality is for the right wing permanent mal contents, the complaining will never stop.

[biglentil]

Exactly why Keynesian economics is the school of economics taught in our universities. Governments love Keynesianism its the surest way to expand government control by stripping wealth from citizens with a hidden inflation tax. Especially when those newly printed dollars are spent frivolously on useless projects. ✔

[jazz]

chucks hero Brain Bead Biden is bringing in another $6T to the US debt. Chuck doesnt understand reserve currency which we dont have.

Canada elected a retard that has put us in a sovereign default position.

[Guest]

Trump also increased the US debt to record levels.

Trump’s most enduring legacy could be the historic rise in the national debt
It rose almost $7.8 trillion during his time in the White House — approaching World War II levels, relative to the size of the economy. This time around, it will be much harder to dig ourselves out.

By Allan Sloan
and
Cezary Podkul

https://www.washingtonpost.com/business/2021/01/14/trump-legacy-national-debt-increasee/

The national debt has risen by almost $7.8 trillion during Trump’s time in office. That’s nearly twice as much as what Americans owe on student loans, car loans, credit cards and every other type of debt other than mortgages, combined, according to data from the Federal Reserve Bank of New York. It amounts to about $23,500 in new federal debt for every person in the country.

The growth in the annual deficit under Trump ranks as the third-biggest increase, relative to the size of the economy, of any U.S. presidential administration, according to a calculation by Eugene Steuerle, co-founder of the Urban-Brookings Tax Policy Center. And unlike George W. Bush and Abraham Lincoln, who oversaw the larger relative increases in deficits, Trump did not launch two foreign conflicts or have to pay for a civil war.

WTF is wrong with you?
They need to move that *** like button to the other side

[chuckChuck]

Several credit rating agencies still have Canada at AAA. HMMM?

If we were the basket case you all make us out to be, then whats wrong with the credit ratings agencies because they don't seem to agree.