Dear Lady, I am amused that you were "shocked." The lack of media attention to the growing crisis has been well curated and studiously ignored.
The number is within bounds correct. To attribute it to Trump alone is massively incorrect, albeit political. He is in company with Obama and Biden, and one need ask -- why?
As to adding to debt by administration, the Bush II administration went from 55 percent GDP to debt ration to 62 percent.
The Obama administration went from 68 percent to 101 percent.
The Trump administration (with the whole Covid hysteria and fraud) went from 105 % to 107 %.
The Biden administration (sadly still operating) has risen to 123 %.
In order that you have data which you can number crunch, I put together a list. (Sources should you need them) --
2000 -- $5,674 and 55% debt to gdp ratioSo, doing simple math, the succeeding administrations have been saddled with Congress doing the appropriations, and the Senate validating them. Trump was blinded, in my opinion, from the outset by the whole Russia-gate thing courtesy of Pelosi and Clinton, by being too trusting and bringing into his administration the likes of Pompeo and Barr and more, and then of course by the Fauci "revolution", and two impeachment processes alonside the whole Mueller adventure; He lost sight of spending, and it has simply go on through the Congress' spending spree. The accusation in the debates is not wrong. Trump was blindsided coming from many directions.
2001 -- $5,807 and 55% debt to gdp ratio
2002 -- $6,228 and 57% debt to gdp ratio
2003 -- $6,783 and 59% debt to gdp ratio
2004 -- $7,379 and 60% debt to gdp ratio
2005 -- $7,933 and 61% debt to gdp ratio
2006 -- $8,507 and 61% debt to gdp ratio
2007 -- $9,008 and 62% debt to gdp ratio
2008 -- $10,025 and 68% debt to gdp ratio
2009 -- $11,910 and 82% debt to gdp ratio
2010 -- $13,562 and 90% debt to gdp ratio
2011 -- $14,790 and 95% debt to gdp ratio
2012 -- $16,066 and 99% debt to gdp ratio
2013 -- $16,738 and 99% debt to gdp ratio
2014 -- $17,824 and 101% debt to gdp ratio
2015 -- $17,824 and 101% debt to gdp ratio
2016 -- $19,573 and 105% debt to gdp ratio
2017 -- $20,245 and 104% debt to gdp ratio
2018 -- $21,516 and 105% debt to gdp ratio
2019 -- $22,719 and 107% debt to gdp ratio
2020 -- $27,748 and 129% debt to gdp ratio
2021 -- $29,617 and 124% debt to gdp ratio
2022 -- $30,824 and 123% debt to gdp ratioAs 2023 is incomplete, the debt now rises quickly to $33 trillion, and only when we end this year will the final figure be known.
It is proof positive that the bureaucratic state has pursued its own interests -- money and power -- to the detriment of our children, such that each of our kids and their kids, if not on the dole, owes today about $253,000 as their "share" of this idiotic and rapidly growing debt.
Since I collected the data by year for you, now you can sketch onto that the periods when Nancy Pelosi was in charge of the House and Charles Schumer in charge of the Senate. It is a revealing exercise, should you add to the picture for yourself. I encourage it. Best wishes.
I don’t know about debt to gdp or GDP ratios. I was looking at raw trillions. I know that the $trillions in dept for Obama’s 8 years was about the same as Trump’s for 4 years, but even factoring in the inflation, Trump’s figure was still higher than Obama’s. They each had major economic disasters to try to modify, stimulas packages to the masses for example. Unfortunately, the Trump years were further poisoned by Covid, and the unnecessary greed feast and costly death rate for which we have Fauci, Pfizer, Gilead Sciences, etc. to thank.
I have followed the Covid issue both politically and scientifically and could say a lot but don’t want to highjack this thread. Private Mail me if you have any questions or thoughts to share on Covid issues.