Here we go again, another milestone in the destruction of our nation. Just this week, we passed $21 Trillion with regards to our National Debt. President Trump, whose first budget began 6 months ago, has already borrowed about $600 billion. If recent presidential records are any indication, Trump will leave office with the debt somewhere north of $28 Trillion after 4 years, and should he serve a second term, that term will end with the nation having somewhere near $35 trillion in debt.
President Obama' last budget left us with having borrowed $19.57 Trillion. In all, Obama's share of our national debt is about $8 Trillion, or an increase of 185%, a increase that is nearly identical to his predecessor.
President George W Bush borrowed his first trillion dollars in two and a half years. He borrowed his second trillion a year and a half later. Another two years, another $1 trillion. All told, President Bush borrowed $5 trillion in 8 years, increasing the national debt by 187%.
It took President Clinton 3 and a half years to borrow his first trillion dollars. All told, he borrowed $1.2 trillion in his first term, and $600 billion in his second. He increased the national debt by 140% in eight years.
George HW Bush borrowed his first trillion in 3 years, and he increased the National debt by 170% in four years.
Reagan borrowed his first trillion in 6 years, and doubled the National debt during his eight years in the White House.
Carter increased the National debt by 150%, but "only" borrowed $300 billion in 4 years. I guess that was when $1 Billion was real money.
Ford increased the debt by 147% in 3 years., Nixon by 135% in 5 years, Johnson by 116% in 6 years, Kennedy by 106% in 2 years, Eisenhower by 108% in eight years.
Democrats, and Republicans, both in a contest to see who can spend the most in our society of "how much can you give me if I vote for you."
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