Trump can’t defeat math.
When one points out $36T in debt, the usual response is a shaking of the head and then a change of the subject. People quietly choose to ignore it, choose to delude themselves about it — usually with a presumption that it must not be that bad and the person in question must not understand . . . Something.
How do we get away with it? Well, it is a substance created from nothingness, meaning money itself. The FED creates it whimsically. Does that make it immune to mathematics? Somewhat. In fact more than somewhat. The entirety of society will not want those numbers to mean something. And because they are measuring a substance that comes from nothing whimsically, maybe they don’t mean anything.
But the day that is concluded is the day that the bankers that demand interest on mortgages, that one day could not be paid and that generated divorce and destroyed lives, that’s the day there are pitchforks and torches in the streets and lynched bankers.
Trump can do nothing about this.
Financial defeat can get the job done a lot more efficiently than the pitchfork mob.
An esteemed economist (I can't remember who) said the only way out is to have economic growth to grow our way out. That would include massive jobs/manufacturing/cheap energy to export wanted in demand goods. The other alternative is ruin/bankruptcy.